SHFE lead prices moved up to RMB 13,720/mt Friday, and spot lead markets China’s was more brisk than the previous trading day and downstream buyers replenished stocks at lows. 

Rebar Price Decreases by Shasteel Limited as Rebar Futures Prices Close Up

<p>SHANGHAI, Apr. 19 (SMM) &ndash; SHFE lead prices moved up to RMB 13,720/mt Friday, and spot lead markets China&rsquo;s was more brisk than the previous trading day and downstream buyers replenished stocks at lows. Chihong Zn &amp; Ge was quoted at RMB 13,860/mt, with spot discounts of RMB 50/mt against the most active SHFE lead contract price. Shuangyan was quoted at RMB 13,650/mt, while Tongguan was offered at RMB 13,680/mt, with premiums of RMB 50/mt over the SHFE 1305 lead contract price. Spot trading showed limited improvement as some downstream buyers purchased directly from smelters.<br />
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