China’s spot rebar prices rise as futures advance further

China’s spot rebar prices picked up some more upward momentum on Friday May 19 as the paper market strengthened further before the weekend.

Key drivers Spot prices in Shanghai rose sharply following a surge in the paper market. However, in Beijing, traders were more cautious with their increase due to the stability in the billet market in the last couple of days, though the price of...

Published

Gladdy Chu

May 19, 2017

10:26 GMT

Shanghai