CHINA REBAR: Trading activity rises on rebounding futures

China’s domestic rebar prices regained some losses on Wednesday May 15 amid a pick-up in trading activity after futures rebounded.

Domestic Eastern China (Shanghai): 4,000-4,010 yuan ($582-583) per tonne, narrowing from 3,990-4,040 yuan per tonne Northern China (Beijing): 3,930-3,980 yuan per tonne, up 20 yuan per tonne A Shanghai-based trader said trading activity during the day was better than on Tuesday after sentiment improved on gains in the futures market. She expects demand to remain steady until the rainy...

Published

Miranda Song

May 15, 2019

11:55 GMT

Shanghai