Eastern China (Shanghai): 3,980-4,000 yuan ($579-582) per tonne, unchanged
Northern China (Beijing): 3,880-3,910 yuan per tonne, unchanged
Traders kept prices flat during the day to see whether rebar futures would pick up next week amid high iron ore prices.
Fastmarkets’ index for iron ore 62% Fe fines, cfr Qingdao was at $119.37 per tonne on Thursday, compared with $72.07 at the start of the year.
But buyers are expecting rebar...