CHINA REBAR: Prices mixed on divided sentiment

China’s rebar prices were mixed on Monday December 23, with market participants divided in their outlook for the market in January.

Eastern China (Shanghai): 3,800-3,830 yuan ($542-546) per tonne, down 10 yuan per tonne
Northern China (Beijing): 3,520-3,560 yuan per tonne, up 20 yuan per tonne
Some participants think inventory in the spot market in January will stay low, which will support prices.

But others...

Published

Jessica Zong

December 23, 2019

09:10 GMT

Shanghai