CHINA REBAR: Prices stop rising amid lower sales

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...

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