China’s spot rebar prices strengthen, but pessimism remains

China’s spot rebar prices rebounded on Monday June 19 with the billet market strengthening further after futures turned around.

Key drivers Gains in the billet and futures markets during the day pushed up spot rebar prices. But the increases failed to stimulate more buying interest among end-users, however. The rain in the eastern part of the country slowed down trading there. With...

Published

Jessica Zong

June 19, 2017

10:09 GMT

Shanghai