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PrintSteel reinforcement-bar futures fell for a second day as China’s biggest squeeze on credit in at least a decade increased concern that demand for the construction material will falter.
Rebar for delivery in October on the Shanghai Futures Exchange fell as much as 0.8 percent to CNY 3,423 a tonne and was at CNY 3,434 at 10:36 AM local time.
Rebar for delivery in October on the Shanghai Futures Exchange fell as much as 0.8 percent to CNY 3,423 a tonne and was at CNY 3,434 at 10:36 AM local time.
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