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31 Jan
09:36

Chinese rebar prices fall on negative outlook

Chinese rebar prices have fall, and the market outlook has further declined as the World Health Organization determined the Wuhan coronavirus as a Public Health Emergency of International Concern, Kallanish notes. In Shanghai on Friday afternoon, 20mm HRB400 rebar was assessed at CNY 3,560-3,580/tonne ($513-516/t), CNY 80/t lower from the previous week. Only a few individual traders have returned to the market and began to offer, but more stee…
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