CHINA REBAR: Prices flat amid inactivity

China’s domestic and export prices for rebar were flat on Thursday January 24 amid sparse trading.

Domestic Eastern China (Shanghai): 3,700-3,740 yuan ($545-551) per tonne, unchanged Northern China (Beijing): 3,670-3,700 yuan per tonne, unchanged More and more end users are shutting down ahead of the Chinese New Year while others are lowering their procurement rates. As such, sellers kept their prices flat although rebar futures posted some gains. Rebar inventory levels in the spot market rose over the past...

Published

Jessica Zong

January 24, 2019

09:40 GMT

Shanghai