CHINA REBAR: Prices flat despite mild futures uptick

December 29, 2018 / www.metalbulletin.com / Article Link

China's rebar prices were flat on Friday December 28 in both the domestic and the export market,even though futures saw slight gains.

Domestic Eastern China (Shanghai): 3,760-3,800 yuan ($547-553) per tonne, unchangedNorthern China (Beijing): 3,630-3,670 yuan per tonne, unchangedTrading activity was slow ahead of the year end. Weaker futures also resulted in participants taking a wait-and-see approach, market sources said.Rebar prices in eastern China dropped 40 yuan...

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