CHINA REBAR: Prices increase further on tightening supply

Domestic rebar prices in China continued to rise on Monday September 13 on expectations of tighter supply over the remainder of this year.

Domestic
Eastern China (Shanghai): 5,540-5,570 yuan ($858-863) per tonne, up by 100 yuan per tonne
Southwestern China’s Yunnan province has announced that it would require steel mills to restrict steel production in September to lower energy consumption and emissions.

This follows an announcement...

Published

Jessica Zong

September 13, 2021

09:31 GMT

Shanghai