December 24, 2019 / www.metalbulletin.com / Article Link
China's rebar prices were mixed on Monday December 23, with market participants divided in their outlook for the market in January.
Eastern China (Shanghai): 3,800-3,830 yuan ($542-546) per tonne, down 10 yuan per tonne Northern China (Beijing): 3,520-3,560 yuan per tonne, up 20 yuan per tonne Some participants think inventory in the spot market in January will stay low, which will support prices.