CHINA REBAR: Domestic prices flat on sparse trading

By Jessica Zong / March 29, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices ran flat on Thursday March 29 due to inactive trading.

Domestic Eastern China (Shanghai): 3,460-3,540 yuan ($550-563) per tonne, unchanged Northern China (Beijing): 3,680-3,700 yuan per tonne, unchanged End-users cut procurement rates during the day after they bought actively in the past few days, market sources said. Traders have been able to keep prices stable despite the softer demand, with the futures market posting some solid gains. Export Metal...

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