CHINA REBAR: Prices pick up on steady demand

October 15, 2021 / www.metalbulletin.com / Article Link

China domestic rebar prices increased on Thursday October 14 on good and steady demand over the previous two days.

Domestic
Eastern China (Shanghai): 5,770-5,800 yuan ($896-900) per tonne, up by 40-50 per tonne
End users kept stable procurement rates today after they raised demand on Wednesday, so rebar prices recovered some loss.

And market participants heard that major...

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