China’s domestic rebar prices continue spiraling down on slow demand

China’s domestic rebar prices maintained their downward trend on Wednesday November 29, due to weak demand from both end users and trading houses, sources said.


Fastmarkets’ daily price assessment for steel reinforcing bar (rebar) domestic, ex-whs Eastern China was 3,880-3,900 yuan ($546-549) per tonne on Wednesday, down by 20-30 yuan per tonne from 3,900-3,930...


Jessica Zong

November 29, 2023

09:36 GMT