18
Jul
14:08
China's new rebar standards trigger market sell-off
The Chinese rebar market experienced a panic sell-off on Thursday as traders rushed to offload existing stocks ahead of the implementation of a new national standard for rebar on 25 September 2024.
On 25 June, the State Administration for Market Regulation approved two new mandatory national standards for hot-rolled rebar, GB1499.1-2024 and GB1499.2-2024. These new standards impose stricter requirements on production accuracy, fatigue performance, smelting methods…
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Anonymous
Very good overview of the weekly steel market.
Anonymous