Rebar Climbs in Shanghai as Tangshang City Vows to Curb Output
This article is for subscribers only.
Steel reinforcement-bar futures rose in China, trimming a third weekly loss, after a report that Tangshang city vowed to boost measures to curb output and reduce emissions.
Rebar for May delivery on the Shanghai Futures Exchange rose 0.2 percent to 3,612 yuan ($595). They lost 0.4 percent for the week.