CHINA REBAR: Domestic prices build on strength of billet market

By Jessica Zong / February 05, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices rose slightly on Monday February 5 amid a strengthening of the billet market.

Domestic Eastern China (Shanghai): 3,860-3,920 yuan ($612-622) per tonne, up 20 yuan per tonneNorthern China (Beijing): 3,920-3,960 yuan per tonne, widened upward by 10 yuan per tonneThe price of billet increased by 20 yuan per tonne over weekend, which gave the spot rebar market a boost.But trading activity remained thin...

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