CHINA REBAR: Domestic prices rise further on improved outlook

By Jessica Zong / February 06, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar market maintained its upward momentum on Tuesday February 6 amid an improved outlook for prices after the Chinese New Year holiday.

Domestic Eastern China (Shanghai): 3,880-3,940 yuan ($616-626) per tonne, up 20 yuan per tonne Northern China (Beijing): 3,940-3,980 yuan per tonne, up 20 yuan per tonne Trading houses have raised their offers slightly on expectations of healthy post-holiday demand, market sources said. China is officially on holiday for a week...

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok