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Chinese Rebar prices crashing

  1. rmp6868
    85 Posts.
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    23/10/14
    21:57
    Post #: 14173194
    I note from Reuters that Chinese rebar futures are now trading at USD 418 and market players saying it could fall further before any support. Physical market at same price.

    Surely this isnt good for Arrium. Chinese are trying to buy market share in the same way they fundamentally changed the price of household appliances and electronics.
    ARI Price at posting: 34.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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