August 26, 2021 / www.metalbulletin.com / Article Link
China's domestic rebar prices suspended their upward trend on Wednesday August 25 amid a drop in sales volumes.
Domestic Eastern China (Shanghai): 5,200-5,230 yuan ($803-808) per tonne, unchanged Restocking demand continued to weaken due to traders' concerns about high prices in September.
End users slowed their procurement rates slightly to see if spot prices would drop...