China’s domestic rebar prices rebound on recovering demand

Domestic rebar prices in China rebounded on Friday May 26 after successive days of decreases, with transactions picking up following a strengthening of the futures market.


Fastmarkets’ daily price assessment for steel reinforcing bar (rebar) domestic, ex-whs Eastern China was 3,440-3,460 yuan ($486-489) per tonne on Friday, up by 70 yuan per tonne from 3,370-3,390...


Jessica Zong

May 26, 2023

10:20 GMT