CHINA REBAR: Domestic prices rise on lower inventories

China’s domestic rebar prices kept their upward trend intact on Thursday June 14 as spot market stocks declined.

Domestic Eastern China (Shanghai): 4,140-4,180 yuan ($646-653) per tonne, up 30-40 yuan per tonne  Northern China (Beijing)): 3,950-3,980 yuan per tonne, up 20-30 yuan per tonne The inventory of rebar in major domestic Chinese markets continued to decline over the past week due to maintenance outages and environmental inspections at producers, which pushed up rebar prices, market...

Published

Jessica Zong

June 14, 2018

09:26 GMT

Shanghai