China's rebar prices continued to experience pressure from the country's protracted trade tensions with the United States on Tuesday August 27.
Domestic Eastern China (Shanghai): 3,550-3,600 yuan ($497-504) per tonne, down 70-90 yuan per tonneNorthern China (Beijing): 3,540-3,560 yuan per tonne, down 50 yuan per tonneSimmering tensions between the world's two largest economies pushed down rebar prices on Monday and maintained the pressure on the long steel market on Tuesday. Rebar futures tumbled amid the...