CHINA REBAR: Domestic prices edge up amid lower output data

December 20, 2019 / www.metalbulletin.com / Article Link

China's domestic rebar prices moved up slightly on Thursday December 19 amid rising futures after the release of data pointing to a drop in output.

Domestic
Eastern China (Shanghai): 3,810-3,840 yuan ($544-548) per tonne, up 10 yuan per tonne
Northern China (Beijing): 3,500-3,540 yuan per tonne, up 10-20 yuan per tonne

Major steel mills produced 3.58 million tonnes of rebar in the week to Thursday, down 85,000 tonnes from...

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