China's domestic rebar prices rose slightly on Monday February 5 amid a strengthening of the billet market.
Domestic Eastern China (Shanghai): 3,860-3,920 yuan ($612-622) per tonne, up 20 yuan per tonneNorthern China (Beijing): 3,920-3,960 yuan per tonne, widened upward by 10 yuan per tonneThe price of billet increased by 20 yuan per tonne over weekend, which gave the spot rebar market a boost.But trading activity remained thin...