April 14, 2021 / www.metalbulletin.com / Article Link
China's domestic rebar prices stopped their downward trend on Tuesday April 13 following a recovery in the futures market, Fastmarkets heard.
Domestic Eastern China (Shanghai): 4,980-5,000 yuan ($760-764) per tonne, up by 10-20 yuan per tonne Rebar futures rebounded from two days' of decreasing on the positive news from the futures market.
Spot rebar prices followed suit but rose by just 10-20...