CHINA REBAR: Market inactive on construction suspension

February 03, 2021 / www.metalbulletin.com / Article Link

China's rebar market was inactive on Tuesday February 2 due to demand being low amid construction suspensions, sources told Fastmarkets.

Domestic
Eastern China (Shanghai): 4,280-4,300 yuan ($662-666) per tonne, narrowing downward by 10 yuan per tonne

A Shanghai-based trader said the spot market has been inactive with most construction sites suspending work after many workers have gone back to hometowns before the upcoming Chinese New Year -...

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