China's domestic rebar prices continue rising on Wednesday August 14 after Tuesday's unexpected announcement by United States President Donald Trump of a delay in the imposition of a further 10% tariff on a number of Chinese goods until December 15.
China's domestic rebar prices continue rising on Wednesday August 14 after Tuesday's unexpected announcement by United States President Donald Trump of a delay in the imposition of a further 10% tariff on a number of Chinese goods until December 15. Domestic Eastern China (Shanghai): 3,700-3,730 yuan ($527-532) per tonne, up 50 yuan per tonne Northern China (Beijing): 3,630-3,650 yuan per tonne, up 10-20 yuan per tonneThe announcement stimulated China's stock and futures markets, with a rise in spot...