CHINA REBAR: Domestic prices recover slightly on billet, futures gains

December 13, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices increased mildly on Wednesday December 12 following higher billet and futures prices.

Domestic Eastern China (Shanghai): 3,780-3,820 yuan ($548-553) per tonne, up 10-20 yuan per tonneNorthern China (Beijing): 3,490-3,520 yuan per tonne, up 20 yuan per tonneBillet prices picked up late on Tuesday and on Wednesday morning. Meanwhile, futures prices rose from Tuesday's night trading session early in Wednesday trading.Those two...

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