CHINA REBAR: Late week price drop erases midweek gains

March 06, 2021 / www.metalbulletin.com / Article Link

The eastern China rebar price fell for the second day in a row on Friday March 5 amid sparse trading, reversing the gains made on Wednesday and leaving a week-on-week rise of just 20 yuan ($3) per tonne.

Domestic
Eastern China (Shanghai): 4,640-4,670 yuan ($730-736) per tonne, down by 80-90 yuan per tonne
Northern China (Beijing) weekly assessment: 4,530-4,550 yuan per tonne, up by 30-40 per tonne
The steel reinforcing bar (rebar) domestic, ex-whs Eastern China assessment had risen by 2.8% on Wednesday to 4,740-4,780 yuan per tonne.

The United States' stock market fell on Thursday,...

Recent News

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

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok