CHINA REBAR: Replenishment demand drops on futures loss

July 28, 2021 / www.metalbulletin.com / Article Link

China's domestic rebar prices fell back on Tuesday July 27 amid weaker demand from both end users and trading houses following the soft futures.

Domestic
Eastern China (Shanghai): 5,280-5,310 yuan ($815-819) per tonne, down by 60 yuan per tonne

The typhoon In-fa left Zhejiang province and Shanghai city late on Monday and went to Jiangsu, a major long steel production hub in...

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