CHINA REBAR: Prices rise sharply on production cuts in September

China's domestic rebar prices gained more strength on Thursday September 30 amid tight supply, ending the month with a sharp increase of around 13% in the eastern region and 14% in the north.

Domestic
Eastern China (Shanghai): 5,900-5,930 yuan ($902-908) per tonne, up by 60-70 yuan per tonne
Northern China (Beijing) weekly assessment: 5,700-5,740 yuan per tonne, up by 220 yuan per tonne

Prices in eastern China are up by 110-120 yuan per tonne from last Friday and 670-680 yuan...

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