CHINA REBAR: Rains cause drop in demand, prices down

May 27, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices fell on Tuesday May 26, due to reduced demand caused by the heavy rains in most regions of the country.

Domestic 
Eastern China (Shanghai): 3,520-3,550 yuan ($493-498) per tonne, down by 20 yuan per tonne
 

The heavy rains started late last week in southern China and the weather forecast suggest it will extend to most regions this week and that has led to drop in demand...

Recent News

Gold stocks decline on flat metal and mixed equities

October 07, 2024 / www.canadianminingreport.com

Copper price expected to range from flat to slight gain in 2025

October 07, 2024 / www.canadianminingreport.com

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok