China's domestic rebar prices were flat on Tuesday January 30 amid weak futures and sparse trading.
Domestic Eastern China (Shanghai): 3,820-3,890 yuan ($603-614) per tonne, unchanged Northern China (Beijing): 3,900-3,940 yuan per tonne, unchanged Weakening futures kept the spot market bearish and resulted in buyers lowering their procurement rates further during the day. But sellers kept their offers flat due to a stable billet market.A...