China’s domestic rebar prices halt decline on stronger demand

The downward trend in China’s domestic rebar prices was paused on Friday September 22 on stronger replenishment demand ahead of weekend, sources said.

Domestic
Fastmarkets’ daily price assessment for steel reinforcing bar (rebar) domestic, ex-whs Eastern China was 3,700-3,720 yuan ($506-509) per tonne on Friday, unchanged from Thursday.

Fastmarkets’ weekly price...

Published

Jessica Zong

September 22, 2023

10:04 GMT

Shanghai