CHINA REBAR: Domestic prices rise further on bullish sentiment

September 25, 2019 / www.metalbulletin.com / Article Link

China's domestic rebar prices continued their upward on Tuesday September 24 amid sustained bullishness.

Domestic Eastern China (Shanghai): 3,700-3,730 yuan ($521-525) per tonne, up 30 yuan per tonneNorthern China (Beijing): 3,590-3,630 yuan per tonne, up 20 yuan per tonneShort-term production restrictions in Hebei province's Tangshan city and in Shandong province continued to provide support to steel prices.Most market participants expect rebar...

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