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...