China's domestic rebar prices plunge amid high inventory levels

China’s domestic rebar prices decreased sharply on Thursday May 19 amid high inventory levels of mills and in the spot market.

Domestic
Eastern China (Shanghai): 4,780-4,800 yuan ($707-710) per tonne, down by 70-90 yuan per tonne

Spot market inventory levels for are higher than those in the corresponding period...

Published

Jessica Zong

May 19, 2022

08:45 GMT

Shanghai