CHINA REBAR: Domestic price largely flat despite futures gains

China’s domestic rebar prices were largely flat on Friday October 25, while billet and futures both moved up.

Eastern China (Shanghai): 3,580-3,610 yuan ($507-511) per tonne, unchanged Northern China (Beijing): 3,550-3,600 yuan per tonne, widened upward by 10 yuan per tonne Rebar futures rose after a data release on Thursday showed a sharp drop in inventories, sources said. Prices in the spot market remained flat, however, as the data failed to stimulate more active trading. Rebar prices in...

Published

Jessica Zong

October 25, 2019

10:52 GMT

Shanghai