CHINA REBAR: Prices rise, new Nanjing Covid-19 cases cause demand drop

The new infection cases in Eastern China’s Nanjing city made some construction sites in a few districts slowing work, but didn’t cause major influence in a large range and the rebar prices kept the upward trend on Friday July 30.

Eastern China (Shanghai): 5,340-5,370 yuan ($827-831) per tonne, up by 40 yuan per tonne
Northern China (Beijing) weekly assessment: 5,250-5,320 yuan per tonne, up by 90-120 yuan per tonne

Covid-19 infections in Jiangsu province’s capital city of Nanjing rose in the week to July 30....


Jessica Zong

July 30, 2021

10:09 GMT