CHINA REBAR: Domestic prices unchanged for a fourth day

China’s domestic rebar prices were unchanged for a fourth day on Thursday January 31, while export prices were also flat for a third due to little activity ahead of the Chinese New Year holiday next week.

Domestic Eastern China (Shanghai): 3,710-3,750 yuan ($552-558) per tonne, unchanged Northern China (Beijing): 3,700-3,740 yuan per tonne, unchanged Transactions were hard to come by during the day because most market participants have already started their holiday, sources said. Sellers maintained their prices amid the sparse trading. Export MB fob...


Jessica Zong

January 31, 2019

09:29 GMT