Steel rebar futures continue to slide - Near USD 450 mark
Post Date: 12 Sep 2014 Viewed: 309
Rebar steel futures at Shanghai Futures Exchange (SHFE) fell more than 2% in a day to a record low under pressure from a weak housing market in China and excess supply
Rebar for January delivery dropped to CNY 2,766 per tonne (USD 451)
Prices fell in physical market at almost all locations
Rebar 20mm HRB 400
Change is on 10th Sept 2014 as compared to 9th Sept 2014
Change is per tonne
USD:CNY = 6.13284