China's domestic rebar prices withdrew on Wednesday February 28 amid weak demand.
Domestic Eastern China (Shanghai): 4,020-4,060 yuan ($637-643) per tonne, down 10 yuan per tonne Northern China (Beijing): 4,100-4,130 yuan per tonne, narrowed downward by 10 yuan per tonne Demand for rebar from the construction sector remained weak due to China's soft housing market, participants said. Since early this month, Chinese banks have...