China's domestic rebar prices edged up further on Wednesday October 10 following gains in the billet and futures markets.
Domestic Eastern China (Shanghai): 4,540-4,580 yuan ($656-661) per tonne, up 10 yuan per tonneNorthern China (Beijing): 4,340-4,370 yuan per tonne, narrowed upward by 10 yuan per tonneThe higher billet and futures prices during the day gave the spot rebar market a small boost, but trading activity did not pick up in tandem with that.Several construction sites in Shanghai have been order to stop work from late October...