CHINA REBAR: Prices mixed amid partial resumption of construction

China's domestic rebar prices were mixed on Thursday February 20, with a partial resumption of work by the construction sector providing support in the eastern region while the cold weather in the north kept demand in check.

Eastern China (Shanghai): 3,400-3,430 yuan ($486-490) per tonne, up 30 yuan per tonne
Northern China (Beijing): 3,330-3,350 yuan per tonne, down 20-30 yuan per tonne
Several key infrastructure projects in eastern China have restarted work after an extended break for the Chinese New Year due to the novel coronavirus (2019-nCoV) outbreak in China.

This return of demand coupled with...

Immediate trigger for crash was new Fed Chairman pick

Gold stocks slump on metal price decline

Is the gold market starting to turn 'irrationally exuberant'?

Gold stocks explode up as equity markets languish

Gold stocks outpace flat large caps