CHINA REBAR: Domestic prices rise slightly on futures gains

China’s domestic rebar prices moved up mildly on Tuesday May 29, following higher futures.

Domestic
Eastern China (Shanghai): 3,850-3,890 yuan ($602-608) per tonne, up 10-20 yuan per tonne
Northern China (Beijing): 3,860-3,880 yuan per tonne, up 10 yuan per tonne

Sales volumes increased sharply in a few major markets following the futures gains, which pushed up prices...

Published

Jessica Zong

May 29, 2018

08:49 GMT

Shanghai