CHINA REBAR: Domestic prices drop amid inactive trading

By Jessica Zong / March 02, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices dropped slightly on Friday March 2 with trading activity falling ahead of the weekend.

Domestic Eastern China (Shanghai): 4,060-4,100 yuan ($639-646) per tonne, down 20 yuan per tonne Northern China (Beijing): 4,100-4,130 yuan per tonne, down 20-30 yuan per tonne A weakening of demand pushed down rebar prices during the day. Market participants expect trading activity to pick up next week with more construction sites expected to resume...

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