China's domestic rebar prices moved up further on Tuesday July 31 following gains in the futures market.
Domestic Eastern China (Shanghai): 4,180-4,220 yuan ($613-619) per tonne, up 20-30 yuan per tonne Northern China (Beijing): 4,080-4,120 yuan per tonne, up 20 yuan per tonne The number of Chinese cities that will implement production cuts during the winter heating season between late 2018 and early 2019 will increase to 80 from just 28 cities during the last round, a local newspaper reported on Tuesday. Among them are a number of cities in east China, which will come under such...