CHINA REBAR: Prices hold steady on stable demand

August 14, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices stopped dropping on Thursday August 13 on steady demand from the construction sector.

Domestic
Eastern China (Shanghai): 3,610-3,640 yuan ($520-524) per tonne, unchanged
A trader in Shanghai said his rebar sales volume during the day was the same as a day earlier, which kept him from lowering prices further.

Market participants expect rebar demand to remain stable for the rest of this...

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