Author: Manish Vasdev

Re-bar prices in Chinese domestic market dropped by about RMB 130-165/MT (USD 20-25) on falling futures and slow construction activities due to extreme weather in several parts of the country. Re-bar prices in Chinese steel hub (Tangshan) have dropped by about RMB 130-165/MT (USD 20-25) to reach at RMB 4150-4250/MT (USD 633-650), prices including 17% VAT.…