CHINA REBAR: Eastern China prices down on futures losses

December 25, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices were mixed on Monday December 24, with prices in the east of the country down amid lower futures and billet prices, but those in the north flat

Domestic Eastern China (Shanghai): 3,780-3,820 yuan ($547-553) per tonne, down 20 yuan per tonne Northern China (Beijing): 3,620-3,650 yuan per tonne, unchangedBillet prices dropped over the past weekend due to weak demand and futures prices were weak in the entire trading day on Monday. The two factors pushed down trading activity in eastern China spot market, with prices...

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