CHINA REBAR: Domestic prices fall further amid soft demand

By Jessica Zong / January 05, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices continued to tumble on Friday January 5 amid weak demand.

Domestic Eastern China (Shanghai): 3,950-4,000 yuan ($608-615) per tonne, down 120-130 yuan per tonneNorthern China (Beijing): 3,950-4,000 yuan per tonne, down 30-50 yuan per tonneTrading activity was very during the day due to bad weather, market sources said. Various parts of China have been experiencing low temperatures coupled with heavy snowfall and rain since...

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