CHINA REBAR: Prices up slightly, stimulating replenishment demand

June 25, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices increased on Thursday June 24 in response to futures gains on Wednesday, stimulating demand for restocking, sources said.

Domestic
Eastern China (Shanghai): 4,820-4,850 yuan ($745-749) per tonne, up by 10-20 yuan per tonne
October rebar futures on the Shanghai Futures Exchanged increased on Wednesday night to trade as a high of 5,022 yuan per tonne, up by 88 yuan per tonne from the 3pm closing price of 4,934 yuan per tonne.

And in early trading on Thursday, they again...

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