CHINA REBAR: Domestic prices edge up on lower inventories

April 24, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices moved up slightly on Thursday April 23, supported by falling stocks in the spot market.

Eastern China (Shanghai): 3,440-3,470 yuan ($487-471) per tonne, up 10-20 yuan per tonne
Northern China (Beijing): 3,430-3,470 yuan per tonne, widened upward by 10 yuan per tonne
Rebar prices rose slightly due to reduced inventories.

A trader in eastern China...

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