Weaker demand halts momentum of China’s domestic rebar prices

China's domestic rebar prices ended their march upward on Monday September 18, due to diminished demand following logistics restrictions in Hangzhou city, Zhejiang province, sources told Fastmarkets.

Fastmarkets’ daily price assessment for steel reinforcing bar (rebar) domestic, ex-whs Eastern China was 3,720-3,730 yuan ($511-513) per tonne on Monday, unchanged from Friday September 15.


Jessica Zong

September 18, 2023

10:25 GMT