China's domestic rebar market softens on unfavorable housing data

China’s domestic rebar prices softened on Monday January 17 after futures tumbled in response to unfavorable housing data released by the National Bureau of Statistics (NBS).

Domestic
Eastern China (Shanghai): 4,670-4,710 yuan ($736-742) per tonne, down by 10 yuan per tonne

New construction starts for the housing sector totaled 1.99 billion square meters in...

Published

Jessica Zong

January 17, 2022

09:44 GMT

Shanghai