CHINA REBAR: Prices mixed amid partial resumption of construction

February 21, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices were mixed on Thursday February 20, with a partial resumption of work by the construction sector providing support in the eastern region while the cold weather in the north kept demand in check.

Eastern China (Shanghai): 3,400-3,430 yuan ($486-490) per tonne, up 30 yuan per tonne
Northern China (Beijing): 3,330-3,350 yuan per tonne, down 20-30 yuan per tonne
Several key infrastructure projects in eastern China have restarted work after an extended break for the Chinese New Year due to the novel coronavirus (2019-nCoV) outbreak in China.

This return of demand coupled with...

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok