China's domestic rebar prices continued to rise slightly on Friday May 29, following the strength in the iron ore market.
Domestic
Eastern China (Shanghai): 3,530-3,560 yuan ($493-498) per tonne, up by 20 yuan per tonne
Northern China (Beijing) - weekly assessment: 3,600-3,630 yuan per tonne, up by 30-50 yuan per tonne
Fastmarkets' calculation for the
index of iron ore 62% Fe fines, cfr Qingdao was at $97.09 per tonne on Thursday, up by $1.72 per tonne from a day earlier.
Meanwhile, the most-traded September iron...