China's domestic rebar prices kept moving upward on Monday April 13 on strengthening demand from the construction sector.
Eastern China (Shanghai): 3,460-3,490 yuan ($491-496) per tonne, up 30 yuan per tonne
Northern China (Beijing): 3,400-3,430 yuan per tonne, up 30 yuan per tonne from 3,370-3,400 yuan per tonne last Friday
Demand in both key spot markets was strong during the day, with gains being stimulated by rising futures.
Mild weather - which is favorable for construction - kept trading active.
A recovery of the...