September 08, 2021 / www.metalbulletin.com / Article Link
China's domestic rebar prices continued to trend upward on Tuesday September 7 but trading activity fell in response to the increases.
Domestic Eastern China (Shanghai): 5,320-5,370 yuan ($824-831) per tonne, up by 40-60 yuan per tonne Rebar futures traded above Monday's settlement price of 5,427 yuan per tonne throughout the day on Tuesday.
Sellers - already expecting lower steel production rates to be a strong...