China's domestic rebar prices continued to rise on Tuesday November 19 on steady demand amid gains in the futures market.
Eastern China (Shanghai): 3,980-4,020 yuan ($567-573) per tonne, up 40-50 yuan per tonne Northern China (Beijing): 3,740-3,770 yuan per tonne, up 20 yuan per tonneEnd-user demand for rebar remained strong, with procurement rates rising in tandem with the futures market that strengthened throughout the day, sources said.The buying activity...