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11 May
07:11

Chinese rebar ex-works prices mostly rise

Major Chinese steel plants have increased their mid-May rebar ex-works prices by CNY 20-50/tonne ($2.90-7.24/t). Shanghai rebar spot prices have remained relatively steady from Monday to Thursday however, despite fluctuating futures prices, Kallanish notes. Several Chinese steelmakers have published their mid-May construction steel ex-works prices. Included are Eastern China's Shagang, Zhongtian Iron & Steel (Zenith), Yongxing Iron & Steel (Yong…
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