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.