CHINA REBAR: Domestic prices flat amid fluctuating billet, futures markets

December 20, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices were largely flat on Wednesday December 19 amid fluctuations in the billet and futures markets.

Domestic Eastern China (Shanghai): 3,780-3,820 yuan ($548-554) per tonne, unchangedNorthern China (Beijing): 3,580-3,600 yuan per tonne, narrowed upward by 10 yuan per tonneThe price of billet rose 10 yuan per tonne in the morning after declining by the same amount late on Tuesday, while rebar futures moved up and down frequently throughout the day at a narrow range of 3,411-3,450 yuan per tonne. The...

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