China's domestic rebar prices retreated on Thursday April 26 after a weakening of the futures market.
Domestic Eastern China (Shanghai): 3,860-3,900 yuan ($611-617) per tonne, down 20 yuan per tonne Northern China (Beijing): 3,730-3,750 yuan per tonne, down 10-20 yuan per tonne Traders lowered their rebar prices on seeing the futures contract for the long steel product trade below Wednesday's settlement price of 3,569...