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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


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