CHINA REBAR: Domestic prices flat amid little buyer interest

China’s domestic rebar prices were flat on Friday May 4 as buyer interest waned ahead of the weekend.

Domestic Eastern China (Shanghai): 4,060-4,100 yuan ($639-645) per tonne, unchanged Northern China (Beijing): 3,910-3,940 yuan per tonne, unchanged Trading activity slowed down ahead of the weekend, particularly as many end users had already supplemented their inventories. Futures stayed below Thursday’s settlement price of 3,695 yuan per tonne during the whole of the trading day, which also dampened...

Published

Jessica Zong

May 04, 2018

09:50 GMT

Shanghai