China’s spot rebar prices rise again after billet hits new four-year high

China’s spot rebar prices rose again on Thursday June 29 after billet charges hit their highest levels in over four years.

Prices:

Key drivers

Billet prices broke through their four-year high of 3,330 yuan ($490) per tonne hit on February 21 on tight supply and strong demand, driving bullish sentiment in...

Published

Jessica Zong

June 29, 2017

09:00 GMT

Shanghai