China's domestic rebar prices moved up further on Thursday November 29 following higher billet prices.
Domestic Eastern China (Shanghai): 3,820-3,850 yuan ($549-553) per tonne, up 20 yuan per tonneNorthern China (Beijing): 3,530-3,560 yuan per tonne, up 40 yuan per tonneRe-rolling mills raised procurement rates for billet when prices were at 3,040-3,050 yuan per tonne in the past couple of days, which pushed billet prices up.Billet gains led to...