CHINA REBAR: Domestic prices edge down despite demand rising ahead of weekend

August 22, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices maintained their downward trend on Friday August 21, although trading activity picked up ahead of weekend.

Domestic 
Eastern China (Shanghai): 3,610-3,640 yuan ($523-527) per tonne, down by 10 yuan per tonne
Northern China (Beijing) weekly assessment: 3,650-3,690 yuan per tonne, down by 10-20 yuan per tonne

Some buyers raised their procurement rates over the day on early-hour futures gains...

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