CHINA REBAR: Heavy rain around Changjiang River leads to drop in construction activity, prices fall

Heavy rain in the upper and middle reaches of the Changjiang River has led to lower activity at construction sites, pushing down spot market rebar prices on Monday August 9.

Domestic
Eastern China (Shanghai): 5,180-5,220 yuan ($800-806) per tonne, down by 20 yuan per tonne

Heavy rain in certain parts of Sichuan, Chongqing, Hubei, Hunan, Jiangxi, Guizhou and Yunnan, have had a serious impact...

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