Author: Admin Operation
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Japan rebar prices up further by $47/t on producers’ hike
As of April 27, Japan’s rebar prices rose by another Yen 6,000/tonne ($47/t) on week to reach above Yen 120,000/t, bolstered by producers’ hikes and achieving the highest ever. As of Wednesday afternoon, deals for SD295A 16-25mm rebars in Tokyo were transacted at Yen 121,000-123,000/t, up Yen 6,000/t on week and Yen 11,000/t higher on…