China’s domestic rebar prices stop falling on rising demand, futures gains

The downtrend in China’s domestic rebar prices ended on Thursday June 23, due to strengthening demand and gains in the futures market, sources told Fastmarkets.

Domestic
Eastern China (Shanghai): 4,240-4,260 yuan ($632-635) per tonne, unchanged

Rebar futures picked up in the last 30 minutes of morning trading, stimulating buying interest in the spot...

Published

Jessica Zong

June 23, 2022

10:13 GMT

Shanghai