CHINA REBAR: End-user demand in eastern region drops ahead of typhoon

China's domestic rebar prices rose on Friday July 23 on stronger restocking demand and lower production, but end-user demand weakened in the eastern coastal region ahead of an upcoming typhoon.

Domestic
Eastern China (Shanghai): 5,280-5,300 yuan ($815-818) per tonne, up by 50 yuan per tonne
Northern China (Beijing) weekly assessment: 5,160-5,200 yuan per tonne, up by 80-90 yuan per tonne

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