CHINA REBAR: Prices continue rising despite drop in demand

August 12, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices continued on an upward trend on Wednesday August 11, despite a drop in demand caused by the impact of adverse weather in many regions.

Domestic
Eastern China (Shanghai): 5,230-5,260 yuan ($807-812) per tonne, up by 30 yuan per tonne
End-user demand dropped day on day because of the heavy rains in the eastern region and high temperatures in the south.

The...

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