HomeSteelSemi-finished products China’s domestic rebar prices drop despite RRR cut China's domestic spot and futures rebar prices fell on Monday March 20 amid negative sentiment among market participants following the People’s Bank of China’s reduction in the required reserve rate (RRR), sources told Fastmarkets. Domestic Eastern China (Shanghai): 4,180-4,200 yuan ($606-609) per tonne, down by 30 yuan per tonne The RRR of financial institutions was reduced by 0.25 percentage points to... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Jessica Zong March 20, 2023 09:57 GMT Shanghai Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}