CHINA REBAR: Prices rise, but supply pressures remain

China's domestic rebar prices increased on Thursday July 30 on stronger demand, though market participants tempered their expectations amid high production rates and inventory levels.

Domestic
Eastern China (Shanghai): 3,590-3,620 yuan ($513-517) per tonne, up by 20 yuan per tonne
Favorable weather and rising futures stimulated demand for rebar, which provided upward momentum for prices, market sources said.
But supply pressures remain in the market.

Rebar output totaled 3.88 million tonnes in the week to Thursday, up by 48,000 tonnes from the preceding week. Spot markets in China also had 8.6 million...

Gold and silver price ETFs see major net outflows

Gold stocks decline by less than metal price

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

Gold stocks plunge on metal drop

Gold stocks still up after pullback late in the week