China’s domestic rebar prices flat on weaker demand, higher billet prices

China’s domestic rebar prices were flat on Monday March 27, with rising steel billet prices offsetting a drop in demand.

Domestic
Fastmarkets’ price assessment for steel reinforcing bar (rebar) domestic, ex-whs Eastern China (Shanghai) was 4,080-4,100 yuan ($594-597) per tonne, unchanged from March 23.

Stockists bought rebar on...

Published

Jessica Zong

March 27, 2023

07:35 GMT

Shanghai