CHINA REBAR: Recovering end-user demand supports prices

August 18, 2021 / www.metalbulletin.com / Article Link

The downward trend in China's domestic rebar market was snapped on Tuesday August 17 amid stronger demand from the construction sector.

Domestic
Eastern China (Shanghai): 5,190-5,220 yuan ($801-805) per tonne, unchanged
End-user demand in eastern China has increased gradually over the past two days on good weather and an improving Covid-19 situation.

The number of infections in...

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