Tag: Global rebar offers
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Chinese Domestic Rebar Offers Up by USD 30-32/MT M-o-M
Chinese domestic rebar market has reported rise in prices. However, export offers fell marginally during Jun’16. Chinese domestic/spot rebar prices for HRB 400 grade (25 mm) in Beijing have surged by RMB 210/MT (USD 32) within a month and stood at around RMB 2,300/MT (USD 345). The same grade material in Shanghai stood at around…