CHINA REBAR: Prices steady amid inactivity

China’s rebar prices were unchanged on Thursday January 17 in both the domestic and export markets amid little activity.

Domestic Eastern China (Shanghai): 3,670-3,700 yuan ($543-547) per tonne, unchanged Northern China (Beijing): 3,620-3,650 yuan per tonne, unchanged Rebar futures picked up slightly during the day but failed to stimulate buying interest, market sources said. Stockists are waiting for prices to fall further before they replenish their inventories while end users are gradually starting their...

Published

Jessica Zong

January 17, 2019

09:40 GMT

Shanghai