China's domestic rebar prices were mixed on Monday May 14, with those in east China remaining unchanged while the northern region pushed through increase. Export prices also rose slightly amid higher bids.
Domestic Eastern China (Shanghai): 3,960-4,010 yuan ($625-633) per tonne, unchanged Northern China (Beijing): 3,930-3,970 yuan per tonne, up 30 yuan per tonne The frequent but slight changes experienced by rebar futures during the day resulted in a number of market participants in east China suspending trading to wait for a clearer trend to emerge. This kept prices flat...