China’s spot rebar prices up on billet, futures gains

China’s spot rebar prices moved up on Friday April 21 amid gains in the billet and futures markets.

Key drivers Billet prices moved up sharply during the day, maintaining the momentum from late on Thursday afternoon. Rebar futures also marked a third day of increases, which stimulating buying interest in the spot market. However, traders are less bullish about prices in the coming week...

Published

Jessica Zong

April 21, 2017

10:28 GMT

Shanghai