CHINA REBAR: Low prices attract buying interest

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

Domestic rebar prices in China dropped sharply on Thursday August 19 on falling futures, but restocking demand picked up amid the decreases.

Domestic
Eastern China (Shanghai): 5,010-5,040 yuan ($773-777) per tonne, down by 130 yuan per tonne

The most-traded January rebar futures contract dropped to a low of 4,925 yuan per tonne during Wednesday's night trading session - down by 219 yuan per tonne from a closing price of 5,144 yuan per tonne at 3pm on...

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