CHINA REBAR: Domestic prices stop rising on tumbling futures

January 20, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices lost their upward momentum on Tuesday January 19 amid a weakening of the futures market.

Domestic
Eastern China (Shanghai): 4,300-4,330 yuan ($662-667) per tonne, unchanged
Rebar futures plunged on expectations of falling demand from the construction sector in the next month due to the Chinese New Year in the second week of February, sources said.

As such, sellers in the spot market could not preserve the uptrend for rebar prices...

Recent News

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com

Gold stocks again hit new highs

September 02, 2025 / www.canadianminingreport.com

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok