China's domestic rebar prices bounced back on Tuesday April 10 following gains in the billet market.
Domestic Eastern China (Shanghai): 3,650-3,700 yuan ($579-586) per tonne, up 30-40 yuan per tonne Northern China (Beijing): 3,700-3,740 yuan per tonne, up 30-40 yuan per tonne The price of billet rose 50 yuan per tonne during the day due to active trading, which improved sentiment in the rebar market. Rebar futures...