CHINA REBAR: Domestic trading activity rises on lower prices

August 13, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices dropped on Wednesday August 12 following early hour futures losses, however, demand was stronger than in the past two days, sources said.

Domestic
Eastern China (Shanghai): 3,610-3,640 yuan ($519-524) per tonne, down by 30 yuan per tonne
Buyers raised their procurement rates at lower prices to replenish their rebar inventories.

Construction sites, for example, typically do not have high stocks of rebar but do have steady demand for the product so need to buy more after one or two days of...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok