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Shanghai rebar sinks to record low, pressures iron ore

Shanghai steel futures fell more than 1 percent to a record low on Thursday, pressured by shrinking demand in top consumer China that has dented appetite for raw material iron ore. With falling prices seen forcing more Chinese steel mills ...

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Shanghai rebar falls to record low after weak China GDP

Shanghai steel futures fell more than 1 percent to an all-time low on Monday after data showed China’s economy grew at its slowest pace since 2009 in the third quarter, underlining demand pressure in the top consumer of the alloy. ...

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Shanghai rebar hits all-time low on demand woes

Chinese steel futures tumbled to a record low on Monday amid tepid demand from the world’s top consumer of the steelmaking ingredient. The most-traded January rebar futures on the Shanghai Futures Exchange slumped to 1,839 yuan ($288.8) a tonne, the ...

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Shanghai rebar steadies, but dismal factory data weighs

Chinese rebar futures rose slightly on Friday after dropping for five consecutive sessions as more mills cut output, but weak factory activity that added to worries of a deeper economic slowdown kept a lid on gains. More Chinese steel mills ...

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Shanghai rebar falls to four-week low on demand woes

Chinese rebar futures fell for a fifth straight session to their lowest in four weeks on Thursday, as a deeper economic slowdown in the world’s top steel producer hit demand for industrial metals. China’s equity market rout has fueled fears ...

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Shanghai rebar drops for third day on slow demand

Chinese rebar futures droppedfor the third straight session on Tuesday as tepid demand in the world’s top producer forced mills and traders to cut prices, piling pressure on iron ore. The grim economy in China has hit demand for industrial ...

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Shanghai rebar steadies as spot up, set for weekly rise

Chinese rebar futures recovered losses on Friday and headed for the first weekly gain in eight weeks, as spot prices edged up despite soft demand in the world’s top producer China. The most traded January rebar futures on the Shanghai ...

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Shanghai rebar extends losses amid little sign of recovery

Shanghai rebar futures dropped for the second straight day on Thursday amid worries over the weak outlook for demand in the world’s top producer, China. The most traded rebar futures on the Shanghai Futures Exchange closed lower 0.15 percent at ...

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Shanghai rebar heads for 7th weekly loss as demand shrinks

Chinese rebar futures rose 0.9 percent on Friday but were still down for the seventh week in succession as demand in the world’s top producer China waned, with the summer slowdown seeing more mills rein in production. China’s apparent consumption ...

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Shanghai rebar tumbles 5 pct to record low, drags down ore

Chinese rebar futures slumped 5 percent to hit a record low on Monday amid market fears that demand in the world’s top producer was weakening further, prompting mills to cut output and reduce consumption of raw material iron ore. The ...

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