China's domestic rebar prices rose on Friday October 30 amid futures strength following the release of details surrounding the country's 14th Five-Year Plan.
Domestic
Eastern China (Shanghai): 3,750-3,780 yuan ($558-563) per tonne, up by 20 yuan per tonne
Northern China (Beijing) weekly assessment: 3,640-3,680 yuan per tonne, narrowed upward by 10 yuan per tonne
China's latest five-year plan mentioned expanding domestic demand as part of efforts to improve the economy amid the global Covid-19 pandemic.
The National Development & Reform...