CHINA REBAR: Prices flat amid billet losses, futures gains

December 27, 2018 / www.metalbulletin.com / Article Link

China's rebar prices were unchanged on Wednesday December 26 both in the domestic and the export market, aslower billet charges offset higher futures prices.

Domestic Eastern China (Shanghai): 3,740-3,780 yuan ($543-548) per tonne, unchangedNorthern China (Beijing): 3,610-3,650 yuan per tonne, unchangedTangshan billet prices decreased 40 yuan per tonne to 3,350 yuan per tonne on weak demand late on Tuesday before they recovered 10 yuan per tonne on Wednesday morning. However, rebar futures were up on the previous day's price. Spot market traders maintained...

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