CHINA REBAR: Eastern region's prices up on increased trading

By Jessica Zong / September 06, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices were relatively steady on Thursday September 6, with prices in the eastern region rising slightly while those in the north stayed flat.

Domestic Eastern China (Shanghai): 4,450-4,490 yuan ($651-657) per tonne, up 10 yuan per tonneNorthern China (Beijing): 4,330-4,360 yuan per tonne, unchangedGains in the futures market during the day led to more trading activity in east China. The improved demand led sellers to raise their prices slightly.In north China, buyers kept their procurement rates low amid the current high prices, which kept sellers fail from attempting any upward adjustments.Export Metal Bulletin fob China Rebar...

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