China’s domestic rebar prices rise; demand falls

China’s domestic rebar prices increased on Friday March 10 amid positive sentiment among sellers, but buyers were less bullish and reduced procurement rates, sources told Fastmarkets.

Domestic
Eastern China (Shanghai): 4,230-4,260 yuan ($607-611) per tonne, up by 30-40 yuan per tonne

Northern China (Beijing) weekly assessment: 4,230-4,280 yuan per tonne, up by 40-60 yuan...