China's domestic rebar prices stopped rising on Wednesday April 25 after demand softened.
Domestic Eastern China (Shanghai): 3,880-3,920 yuan ($615-621) per tonne, unchangedNorthern China (Beijing): 3,740-3,770 yuan per tonne, unchanged Rebar futures did not perform as strongly as they did in the last couple of days, which led buyers to cut their procurement rates on expectations of lower prices in the spot market.But traders decided to maintain their prices based on the sharp decreases in inventory levels over the...