CHINA REBAR: Domestic prices continue to slide in response to weaker futures markets

September 02, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices continued on a downward trend on Wednesday September 1, following a weaker performance in the futures market.

Domestic
Eastern China (Shanghai): 5,190-5,230 yuan ($803-810) per tonne, down by 30 yuan per tonne
The drop in iron ore futures pushed down ferrous futures more widely during the day, an industry analyst said.

The most-traded January iron ore futures contract on the Dalian Commodity...

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