CHINA REBAR: Spot prices slide further amid US oil crash

April 22, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices slid further on Tuesday April 21 amid futures losses sparked by an oil market crash in the United States.

Eastern China (Shanghai): 3,420-3,450 yuan ($483-488) per tonne, down by 10 yuan per tonne
Northern China (Beijing): 3,430-3,450 yuan per tonne, down by 20 yuan per tonne
 

The May futures contract for West Texas Intermediate (WTI) crude oil fell as low as minus $37.63 per barrel on Monday, down...

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