China’s domestic rebar prices were unchanged on Tuesday February 18, though downstream demand is said to be slowly recovering. - Eastern China (Shanghai): 3,370-3,400 yuan ($483-487) per tonne, unchanged - Northern China (Beijing): 3,370-3,400 yuan per tonne, unchanged There was a gradual increase in demand for rebar from end users this week, but sellers did not increase their offer prices because demand still remains much weaker than usual, market sources said. “We barely sold 100 tonnes of rebar today - less than a tenth of the corresponding period last year,” a trader in eastern China said.
展开▼
