CHINA REBAR: Sellers cut prices to attract buyers

China's domestic rebar prices decreased on Wednesday September 8 after sellers lowered their offers to encourage sales following two days of weak demand.

Domestic
Eastern China (Shanghai): 5,300-5,350 yuan ($820-828) per tonne, down by 20 yuan per tonne

Sellers dropped their offer prices for rebar on Wednesday morning to improves sales volumes, but buyers asked for even lower...

Monetary-driven precious metals outperform major base metals

Gold stocks hit by plunging equities markets

Gold stocks down as metal and equities momentum fades

Another Kazatomprom guidance announcement shakes uranium price

Major monetary drivers still supporting gold