China's domestic rebar prices increased on Friday March 30, tracking increases in the futures market.
Domestic Eastern China (Shanghai): 3,550-3,600 yuan ($564-572) per tonne, up 60-90 yuan per tonneNorthern China (Beijing): 3,710-3,740 yuan per tonne, up 30-40 yuan per tonneTraders raised their prices in line with the strong gains in the futures market, while buyers with urgent needs maintained a steady procurement rate.Rebar prices in east China are 20-50 yuan per tonne higher from last...