Chinese domestic rebar prices edge down on destocking activity

China’s domestic rebar prices narrowed downward slightly on Wednesday June 22, with sellers pessimistic about the outlook for demand.

Domestic
Eastern China (Shanghai): 4,240-4,260 yuan ($631-634) per tonne, narrowed downward by 20 yuan per tonne

Sellers were actively seeking for orders due to concerns there might be...

Published

Jessica Zong

June 22, 2022

10:35 GMT

Shanghai