News X
11 Dec 2020
Chinese HRB and Rebar Prices Rise
Steel
The Chinese hot-rolled band price continued higher, jumping $35/t on the week to a year to date high of $578/t on 11 December, the most recent assessment from World Steel Dynamics show. Meanwhile, with the construction sector experiencing a seasonal slowdown, the weekly gain to the domestic rebar price was softer, up $11/t to $522/t.