China’s spot rebar prices pick up strength as futures maintain uptrend

China’s spot rebar prices started rising again on Friday August 25 amid gains in the futures market, though there were not many takers at the new levels.

Key driver

Traders in the spot market raised their prices upon seeing the uptrend in the futures market.

But most buyers still stayed away from the market with the hopes of getting more clues on which direction prices would...


Jessica Zong

August 25, 2017

10:03 GMT