Chinese rebar prices fall on demand recovery concerns

China’s domestic rebar prices declined on Wednesday September 13, weighed down by concerns over a seasonal demand recovery and a pullback in raw materials, market participants told Fastmarkets.

Domestic

Fastmarkets’ daily price assessment for steel reinforcing bar (rebar) domestic, ex-whs Eastern China, was 3,670-3,680 yuan ($503-505) per tonne on Wednesday, down by 20 yuan per tonne from 3,690-3,700...

Published

Zihuan Pan

September 13, 2023

10:13 GMT

Shanghai