China’s spot rebar prices steady despite volatile futures

Spot rebar prices in China’s domestic market held steady on Thursday January 27, and futures prices for the long steel product experienced another choppy trading day.

Domestic
Eastern China (Shanghai): 4,700-4,730 yuan ($743-748) per tonne, unchanged

The spot market remained muted in the run-up to the Lunar New Year, with downstream users and trading...

Published

Zihuan Pan

January 27, 2022

08:48 GMT

Shanghai