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Shanghai rebar futures hit record low on demand woes

Chinese rebar futures hit a record low on Thursday as a chronic supply glut and waning demand dampened spot prices in the world’s top producer. The most-traded rebar futures for October delivery on the Shanghai Futures Exchange hit a session ...

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Shanghai rebar futures hit record low as spot drags

Chinese rebar futures dropped for the fourth straight session to a record low on Tuesday, dragged down by sluggish spot prices as the world’s top producer is wrestling with the supply glut and softening demand. The most-active October rebar futures ...

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Shanghai rebar futures ease as Chinese mills add to supply glut

Chinese rebar futures extended losses on Wednesday as steel mills increased output despite persistent weakness in demand, adding to concern about a supply glut that has pushed down the price of steel and raw material iron ore. Steel mills in ...

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