China’s spot rebar prices bounce back after days of drops

China’s spot rebar prices rebounded on Friday March 10 after four days of drops amid some gains in the futures and billet markets.

Key drivers
The gains in the futures and billet markets gave support to rebar prices, sending them on a slight rebound.
But after the price rise, trading activity in the market dropped as most buyers are not expecting a continual rise.

Traders are divided, however. Some of them raised...


Jessica Zong

March 10, 2017

08:35 GMT