CHINA REBAR: Domestic prices rise further amid active trading

By Jessica Zong / January 18, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar market maintained its upward momentum on Thursday January 18 amid active trading.

Domestic Eastern China (Shanghai): 3,760-3,830 yuan ($584-595) per tonne, up 20-30 yuan per tonne Northern China (Beijing): 3,800-3,820 yuan per tonne, up 20-30 yuan per tonne Trading houses actively purchased rebar throughout the day to build up their inventories on seeing the steady gains in the futures market in the last couple of days,...

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