China’s domestic rebar price slump accelerates amid bearish sentiment

China’s domestic rebar prices dropped sharply on Monday June 20, following declines in steel billet and futures over the weekend.

Domestic
Eastern China (Shanghai): 4,230-4,300 yuan ($633-644) per tonne, down by 260-310 yuan per tonne

Billet prices in Tangshan fell by 7% over the past weekend due to...

Published

Jessica Zong

June 20, 2022

09:08 GMT

Shanghai