CHINA REBAR: Falling domestic prices take chunk off mills’ profits

摘要

China’s domestic rebar prices maintained a downward trend on Tuesday December 1 amid inactivity, eating into producers’ profits. - Eastern China (Shanghai): 4,030-4,060 yuan ($612-617) per tonne, down by 30 yuan per tonne Rebar producers are making 250-300 yuan per tonne of rebar sold now, which is down by 200 yuan per tonne from margins 10 days ago, an industry analyst in Shanghai said.