CHINA REBAR: Demand picks up after futures strengthen in afternoon session

China’s domestic rebar prices continued to fall on Thursday October 28, but demand picked up following gains in the futures market during the afternoon trading session.

Domestic
Eastern China (Shanghai): 5,100-5,150 yuan ($798-806) per tonne, down by 80-100 yuan per tonne

The most-traded January rebar futures contract on the Shanghai Futures Exchange dropped to 4,464 yuan per tonne on Thursday morning, resulting in...

Published

Jessica Zong

October 28, 2021

09:13 GMT

Shanghai