China's rebar prices moved higher on Monday January 14 in both the domestic and the export market amid rising futures and optimism among producers.
Domestic Eastern China (Shanghai): 3,720-3,760 yuan ($550-556) per tonne, up 10 yuan per tonneNorthern China (Beijing): 3,650-3,690 yuan per tonne, up 10 yuan per tonneRebar futures rose sharply at the open of today's trading session, pushing up spot market prices and leading to more active trading.It has stopped raining in many parts of China in the past few days, leading...