China's domestic rebar prices were largely flat on Friday June 29 amid weak demand, despite futures moving higher.
Domestic Eastern China (Shanghai): 3,990-4,030 yuan ($602-609) per tonne, up 10 yuan per tonne Northern China (Beijing): 3,870-3,910 yuan per tonne, unchanged Rebar futures rose further on Friday and billet prices also picked up on good demand. Prices in the spot market, however, were largely flat on weak demand from end users. Rebar prices in...