China's demand for domestic rebar rises, stimulated by uptick in futures market

Demand for rebar in China’s domestic market picked up on Tuesday June 21 in response to rising futures, but the rally failed to push up prices, sources told Fastmarkets.

Eastern China (Shanghai): 4,240-4,280 yuan ($633-639) per tonne, range narrowed by 10-20 yuan per tonne

Rebar futures on the Shanghai Futures Exchange started rising after last night’s...


Jessica Zong

June 21, 2022

10:26 GMT