China's domestic rebar prices fall further amid mills' high inventory levels

China’s domestic rebar prices continued to weaken on Wednesday May 25 due steel mills’ high stock levels and weak demand.

Eastern China (Shanghai): 4,730-4,750 yuan ($709-712) per tonne, down by 20 yuan per tonne

Member mills of the China Iron and Steel Association (Cisa) had 19.98 million...


Jessica Zong

May 25, 2022

09:21 GMT