CHINA REBAR: Prices surge amid Beijing’s renewed urbanization push

摘要

China’s domestic and export prices for rebar increased sharply onMonday April 8 following gains in the billet and futures markets.DOMESTIC- Eastern China (Shanghai): 3,980-4,030 yuan ($592-600) pertonne, up 80 yuan per tonne- Northern China (Beijing): 3,950-3,980 yuan per tonne, up 40-50yuan per tonne