CHINA REBAR: Seasonal strong demand keeps pushing prices upward

China's domestic rebar prices maintained their upward momentum on Friday May 7, supported by strong demand, and ending the week with a rise of 240-250 yuan per tonne in the east and further growth in the north.

Domestic
Eastern China (Shanghai): steel reinforcing bar (rebar) domestic, ex-whs Eastern China, 5,420-5,450 yuan ($837-842) per tonne, up by 40-50 yuan per tonne

Northern China (Beijing) weekly assessment: steel reinforcing bar (rebar) domestic, ex-whs Northern China, 5,520-5,540 yuan per tonne, up by 340-350 yuan per tonne...

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