CHINA REBAR: Prices surge by $34 per tonne on tight supply outlook

September 23, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices moved up sharply on Wednesday September 22 on market participants' expectation of supply cuts in the remaining months of 2021.

Domestic
Eastern China (Shanghai): 5,800-5,840 yuan ($897-903) per tonne, up by 220 yuan per tonne

China produced 20.12 million tonnes of rebar in August, down by 16.1% from a year earlier and 4.26% lower than in July, according to data...

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok