CHINA REBAR: Prices pick up, but sentiment pessimistic [CORRECTED]

November 27, 2019 / www.metalbulletin.com / Article Link

China's rebar prices moved up on Monday November 25 in both the domestic and export markets following futures gains, but participants were bearish on the market in the coming two months.

Eastern China (Shanghai): 4,090-4,120 yuan ($582-586) per tonne, up 20 yuan per tonne
Northern China (Beijing): 3,800-3,840 yuan per tonne, up 20 yuan per tonne
Higher rebar futures led to prices rising and higher procurement rates in the spot market. 

But participants said they expected end-user demand to fall very soon in most parts of China due to the sharp drop in temperatures, which...

Recent News

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok