CHINA REBAR: Prices pick up on steady demand

China domestic rebar prices increased on Thursday October 14 on good and steady demand over the previous two days.

Eastern China (Shanghai): 5,770-5,800 yuan ($896-900) per tonne, up by 40-50 per tonne
End users kept stable procurement rates today after they raised demand on Wednesday, so rebar prices recovered some loss.

And market participants heard that major...


Jessica Zong

October 14, 2021

09:10 GMT