CHINA REBAR: Domestic prices rise on billet market gains

China’s domestic rebar prices bounced back on Tuesday April 10 following gains in the billet market.

Domestic Eastern China (Shanghai): 3,650-3,700 yuan ($579-586) per tonne, up 30-40 yuan per tonne Northern China (Beijing): 3,700-3,740 yuan per tonne, up 30-40 yuan per tonne The price of billet rose 50 yuan per tonne during the day due to active trading, which improved sentiment in the rebar market. Rebar futures...

Published

Jessica Zong

April 10, 2018

10:05 GMT

Shanghai