CHINA REBAR: Domestic prices flat on first working day

China’s domestic rebar prices remained the same as before the country’s Chinese New Year break on Thursday February 22 amid thin trading.

Eastern China (Shanghai): 3,860-3,920 yuan ($608-618) per tonne, unchanged
Northern China (Beijing): 3,950-3,990 yuan per tonne, unchanged
Very few traders were offering rebar on the first working day after a weeklong holiday. Most market participants have yet to start work.

A weak futures market...


Jessica Zong

February 22, 2018

09:35 GMT