CHINA REBAR: Domestic prices rise amid active buying

China’s domestic rebar prices rose further on Wednesday June 13 with buyers raising their procurement rates.

Domestic Eastern China (Shanghai): 4,100-4,150 yuan ($640-648) per tonne, up 50 yuan per tonne Northern China (Beijing): 3,920-3,960 yuan per tonne, up 20 yuan per tonne Gains in the futures market during the early trading hours led to buyer stepping up on purchases, which pushed up spot prices. The...

Published

Jessica Zong

June 13, 2018

10:45 GMT

Shanghai