CHINA REBAR: Domestic prices flat, export prices edge up

China’s domestic rebar prices were unchanged on Monday January 28 amid inactivity, but export prices rose slightly on low selling pressure.

Domestic Eastern China (Shanghai): 3,710-3,750 yuan ($550-556) per tonne, unchanged Northern China (Beijing): 3,700-3,740 yuan per tonne, unchanged Most downstream end users have stopped work to get an early start to the holiday for the Chinese New Year, which kept trading sparse trading during the day, market sources said. Rebar futures rose in the first half hour of trading but dropped soon after, which further weighed...

Published

Jessica Zong

January 28, 2019

10:15 GMT

Shanghai