CHINA REBAR: Low trading activity slows down price rise

China’s domestic rebar prices rose further on Friday February 19 albeit at a slower pace amid low trading activity.

Eastern China (Shanghai): 4,470-4,500 yuan ($692-696) per tonne, up by 20 per tonne
Northern China (Beijing) - weekly assessment: 4,330-4,370 yuan per tonne, up by 210-220 per tonne from February 5
More sellers returned to work during the day, but end users are still on holiday, market sources said.

While some buyers plan to resume work on Monday, others...


Jessica Zong

February 19, 2021

10:35 GMT