China’s domestic rebar prices halt decline on low inventories

China’s domestic rebar prices halted their downward trend on Wednesday September 27 due to the low stocks in spot market, sources told Fastmarkets.

Fastmarkets’ daily price assessment for steel reinforcing bar (rebar) domestic, ex-whs Eastern China, was 3,660-3,670 yuan ($501-502) per tonne on Wednesday, unchanged from Tuesday.

Rebar sellers stopped...


Jessica Zong

September 27, 2023

09:27 GMT