CHINA REBAR: Prices down after coal futures dive

October 21, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices decreased on Wednesday October 20 amid weak demand following a sharp decrease in coal futures.

Domestic
Eastern China (Shanghai): 5,700-5,740 yuan ($891-897) per tonne, down by 30 yuan per tonne

China's National Development & Reform Commission (NDRC) plans to address the issue of high coal prices to ensure sufficient supply of the material ahead of the country's heating season, it said during a meeting with...

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