CHINA REBAR: Prices rebound amid rising demand

September 03, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices recovered slightly on Thursday September 2, with demand stronger than in recent days following a rise in the futures market.

Domestic
Eastern China (Shanghai): 5,210-5,250 yuan ($807-813) per tonne, up by 20 yuan per tonne
The most-traded January rebar futures contract rose to 5,348 yuan per tonne on Thursday morning, up by 106 yuan per tonne from Wednesday's closing price.

The higher futures led...

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