China’s domestic rebar prices pick up on demand recovery

China’s domestic rebar prices increased on Wednesday March 1 amid stronger demand stimulated by gains in the futures markets and increased positivity toward seasonal demand recovery, sources told Fastmarkets.

Domestic
Eastern China (Shanghai): 4,120-4,150 yuan ($597-601) per tonne, up by 20 yuan per tonne
 

The most-traded rebar futures contract increased in value after China's National Bureau...

Published

Jessica Zong

March 01, 2023

10:33 GMT

Shanghai