During the week of March 20, due to the price fluctuation of long products, rebar sales offers decreased by at least CNY 100-120/mt ($14.58-$17.49) during the week.
In the northern provinces of China, suppliers with prices of 4150CNY/mt EXW (524 USD/mt) for the week of March 13-19 have withdrawn their offers, and rebar prices have decreased by at least CNY 100/mt.
In the southern provinces of China, where iron ore stock balances decreased in the first 2 weeks of March, the prices of producers do not exceed 4250 CNY/mt EXW (537 USD/mt).
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