CHINA REBAR: Prices rise on stronger domestic demand

September 08, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices moved up on Monday September 7 on a gradual strengthening of end-user demand.

Domestic
Eastern China (Shanghai): 3,690-3,720 yuan ($539-544) per tonne, up by 20 yuan per tonne
Temperatures have fallen to milder ranges in most parts of China, which lengthen working hours for the construction sector.

A trader in eastern China said his customers raised their procurement rates during the day in...

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