CHINA REBAR: Domestic prices rise on weekend restocking

China's domestic rebar prices increased on Friday December 27 on a pick-up in demand ahead of the weekend.

Eastern China (Shanghai): 3,640-3,670 yuan ($520-524) per tonne, up 10-30 yuan per tonne
Northern China (Beijing): 3,500-3,530 yuan per tonne, up 10-20 yuan per tonne

Buyers encouraged by the gains in the futures market in the past couple of days raised their procurement rates. The...

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