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

China’s spot rebar prices rose on Wednesday May 10 amid active trading on the back of gains in futures and billet prices.

Prices:

Key drivers
The rise in billet and rebar futures prices stimulated buying interest and pushed up spot rebar prices.

The decreasing inventory among steel mills and in the spot market was also regarded as a reason to...

Published

Jessica Zong

May 10, 2017

09:30 GMT

Shanghai