CHINA REBAR: Prices down, demand rises

China’s domestic rebar prices continued to drop on Wednesday July 28 due to early-hour weak futures, but demand increased after typhoon In-fa weakened, sources told Fastmarkets.

Domestic
Eastern China (Shanghai): 5,270-5,300 yuan ($810-815) per tonne, down by 10 yuan per tonne

The most-traded October rebar futures contract on the Shanghai Futures Exchange was lower than Tuesday’s settlement price of 5,675 yuan per tonne in...

Published

Jessica Zong

July 28, 2021

11:13 GMT

Shanghai