China domestic rebar prices rise, but demand remains weak

China’s domestic rebar prices picked up on Friday May 27 on lower production rates, but end-user demand wasn’t stimulated by the higher prices.

Domestic
Eastern China (Shanghai): 4,730-4,750 yuan ($703-706) per tonne, up by 30 yuan per tonne

Northern China (Beijing) weekly assessment: 4,680-4,710 yuan per tonne, down by 70-80 yuan...

Published

Jessica Zong

May 27, 2022

10:09 GMT

Shanghai