CHINA REBAR: Domestic prices rise on surging futures

By Jessica Zong / February 23, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices rose on Friday February 23 following gains in the futures market.

Domestic Eastern China (Shanghai): 3,900-3,950 yuan ($614-622) per tonne, up 30-40 yuan per tonne Northern China (Beijing): 4,000-4,040 yuan per tonne, up 50 yuan per tonne Traders raised their offers following gains in the futures market, but they concluded very few transactions since...

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