CHINA REBAR: Prices flat amid mixed outlook

China's domestic rebar prices were unchanged on Friday April 3, but a divided outlook has emerged in the market over how it would trend over the rest of this month.

Eastern China (Shanghai): 3,390-3,420 yuan ($478-482) per tonne, unchanged
Northern China (Beijing): 3,330-3,370 yuan per tonne, unchanged
 
Some market participants think rebar demand will remain active this month due to the weather becoming milder and with the Covid-19 outbreak in China appearing to come under control.

But others are less bullish because they expect production to increase and China's economic growth to experience slower growth due to the...

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