06
Jan
13:31
China's rebar prices stabilise on shrinking demand
China's rebar market sentiment and spot transactions are showing divergent trends, but real estate policies are giving confidence in the market direction later in the year, Kallanish understands.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,910-3,930/tonne ($569-572/t), unchanged on-week. The May 2023 rebar contract on the Shanghai Futures Exchange closed at CNY 4,107/t, up by CNY 90/t compared with Thursday and rose C…
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Anonymous
Very good overview of the weekly steel market.
Anonymous