CHINA REBAR: Prices unchanged amid inactivity

December 31, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices were unchanged on Wednesday December 30, supported by futures gains amid weakened demand.

Domestic
Eastern China (Shanghai): 4,430-4,450 yuan ($678-681) per tonne, unchanged
Rebar futures picked up after two days' of losses, but participants did not expect prices to continue trending higher amid the slow season.
End-user demand has been weak in the past few days due to bad weather.

Participants expect demand...

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