Tag: China rebar

  • China’s dull demand sees steel, raw material prices plummet

    China’s dull demand sees steel, raw material prices plummet

    Growing fears across China that demand for steel and raw materials is stagnating have seen prices of related commodities tumble over the past several days, and market sources on Wednesday warned that the near-future outlook for demand remains bleak. On Tuesday, the most-traded rebar contract on the Shanghai Futures Exchange for October delivery, for example,…