CHINA REBAR: Domestic prices rise amid resumption of construction activity

China's domestic rebar prices maintained their upward momentum on Wednesday March 11 on strengthening end-user demand.

Eastern China (Shanghai): 3,440-3,470 yuan ($495-499) per tonne, up 30 yuan per tonne
Northern China (Beijing): 3,300-3,340 yuan per tonne, up 30 yuan per tonne

In China, some 111,900 out of a total of 192,500 housing and infrastructure projects - 58.2% - have resumed construction by March 8, the country's Ministry of Housing...

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