China's domestic rebar prices were unchanged on Wednesday May 16 on sparse trading amid softening futures.
Domestic Eastern China (Shanghai): 3,980-4,030 yuan ($625-633) per tonne, unchanged Northern China (Beijing): 3,940-3,970 yuan per tonne, unchanged Traders kept their offers flat in the morning due to the weakness in the futures market.Although the futures market picked up in the last 10 minutes of the morning trading session, they failed...