26
Apr
13:51
Chinese rebar prices hold as sales recover
China's construction steel market offers fluctuated last week, but actual transaction prices were still at lower levels, implying that buyers are only interested in trading low-price resources.
In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,510-3,530/tonne ($484-487/t), unchanged on-week, Kallanish assesses. The October 2024 rebar contract on the Shanghai Futures Exchange closed at CNY 3,685/t on the same day, down by CNY 16/t com…
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Anonymous
Very good overview of the weekly steel market.
Anonymous