China’s rebar prices rise on futures, billet gains

China’s rebar prices rose sharply on Friday October 13 on futures and billet gains.

Prices: Key drivers Billet prices increased 50 yuan ($7.59) per tonne on Friday amid stronger demand for supplementing inventories after prices dropped by 20 yuan per tonne to 3,500 yuan per tonne late on Thursday. Ferrous futures increased sharply across the board today, with the January rebar contact closing...

Published

Jessica Zong

October 13, 2017

08:59 GMT

Shanghai