CHINA REBAR: Domestic prices rise on futures gains

China’s domestic rebar prices moved up on Thursday July 12 on gains made in the futures market.

Domestic Eastern China (Shanghai): 4,060-4,100 yuan ($609-615) per tonne, up 50-60 yuan per tonne Northern China (Beijing): 3,980-4,020 yuan per tonne, up 30-40 yuan per tonne Rebar futures increased sharply today, leading to price gains in the spot market. Trading activity has increased; some sellers with a less bullish outlook on...

Published

Jessica Zong

July 12, 2018

10:30 GMT

Shanghai