Tag: Chinese rebar market
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China: Rebar Export Offers Plunge by USD 15-20/MT M-o-M
Chinese steel prices continue to fall over the last three weeks. Chinese rebar offers in the international market have decreased by USD 15-20/MT M-o-M and stood at USD 430-435/MT, FoB main port. Meanwhile, domestic/spot rebar prices for HRB 400 grade (25 mm) in Beijing moved down by RMB 150/MT (USD 22) within a month and…