CHINA REBAR: Bad weather weighs on demand, prices

July 14, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices decreased on Tuesday July 13 amid weak demand caused by unfavorable weather.

Domestic
Eastern China (Shanghai): 5,080-5,100 yuan ($784-787) per tonne, down by 70-100 yuan per tonne
High temperatures in eastern and southern China and heavy rain in northern China disrupted construction activity and sapped demand for rebar.

Such adverse weather...

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