CHINA REBAR: Prices flat ahead of next week's construction restart

February 08, 2020 / www.metalbulletin.com / Article Link

China's domestic rebar prices remained unchanged on Friday February 7 amid weak trading despite an expected rise in construction activity from next week.

Eastern China (Shanghai): 3,360-3,400 yuan ($481-487) per tonne, unchanged
Northern China (Beijing): 3,540-3,560 yuan per tonne, unchanged
Many construction projects in Shanghai are scheduled to resume work next week, though a few of them have put off their restart to the end of February.
The situation is similar in Beijing, market sources said.

But rebar prices did not budge on Friday, with...

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