CHINA REBAR: Prices rise on lower output in late August

China's domestic rebar prices continued to rise on Monday September 6 following the release of data from the China Iron & Steel Association (Cisa) showing a drop in steel production rates in the country.

Domestic
Eastern China (Shanghai): 5,280-5,310 yuan ($818-823) per tonne, up by 10 yuan per tonne

Cisa reported that its member mills' daily crude steel output over August 21-31 was 2.05 million tonnes, down by 3.99% from the preceding 10 days and 4.98% lower year on year.
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