CHINA REBAR: Prices fall further amid weak demand, futures losses

March 11, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices further decreased on Wednesday March 10 due to weak demand and futures loss.

Domestic
Eastern China (Shanghai): 4,630-4,650 yuan ($711-714) per tonne, down by 70 yuan per tonne
Sellers cut prices by 20-30 yuan per tonne in the morning to 4,680-4,690 yuan per tonne to attract buyers, but few deals were concluded.

Buyers bid much lower at...

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