China’s spot rebar market up amid billet gains, higher ex-works prices

China’s spot rebar prices rose on Monday March 20 amid gains in the billet market as well as several mills’ upward prices adjustments for their long products.

Key drivers Active trading led to a rise in billet prices over the past weekend, and the upward momentum was sustained during the day, which improved sentiment among rebar sellers. A number of rebar producers in north China, such as major...

Published

Jessica Zong

March 20, 2017

09:16 GMT

Shanghai