CHINA REBAR: Market expects end-user demand to rise in late March

China's domestic rebar prices were mixed on Wednesday March 4, with those in the east of the country edging higher while those in the north moved down slightly on different trading activity.

Eastern China (Shanghai): 3,420-3,440 yuan ($493-496) per tonne, narrowed upward by 20 yuan per tonne
Northern China (Beijing): 3,280-3,320 yuan per tonne, down 10-20 yuan per tonne
In eastern China, some trading houses bought rebar following futures gains, even as end-user demand remained weak.

Those traders believe that demand...

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