Eastern China (Shanghai): 3,650-3,680 yuan ($517-521) per tonne, up 20 yuan per tonne
Northern China (Beijing): 3,610-3,640 yuan per tonne, up 10 yuan per tonne
Rebar futures picked up late on Monday and stayed high for the rest of the day. The most-traded October contract stayed above Monday’s settlement price of 3,600 yuan per tonne throughout the day, which boosted sentiment in the spot market.
The contract closed at the same level as...