03
Apr
12:16
China's rebar prices near 4-year low
China's construction steel market turned to a rising trend late last week, with spot market transactions recovering slightly on the eve of China's Tomb Sweeping holiday, which will start from 4 April. However, the overall market performance was still weak and brought trading prices back to the bottom levels of April 2020.
In Shanghai on Wednesday afternoon, 20mm HRB400 rebar was trading at CNY 3,320-3,350/tonne ($458-463/t), declining by CNY 45/t from last…
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Anonymous
Very good overview of the weekly steel market.
Anonymous