CHINA REBAR: Domestic prices rise on surging futures

China’s domestic rebar prices rose on Friday February 23 following gains in the futures market.

Domestic
Eastern China (Shanghai): 3,900-3,950 yuan ($614-622) per tonne, up 30-40 yuan per tonne
Northern China (Beijing): 4,000-4,040 yuan per tonne, up 50 yuan per tonne

Traders raised their offers following gains in the futures market, but they concluded...

Published

Jessica Zong

February 23, 2018

10:15 GMT

Shanghai