China's domestic rebar prices fell on Wednesday May 9 amid lackluster trading due to losses on the futures market.
Domestic Eastern China (Shanghai): 3,950-4,000 yuan ($620-628) per tonne, down 30 yuan per tonneNorthern China (Beijing): 3,880-3,930 yuan per tonne, down 10 yuan per tonneRebar futures maintained their downward trend today and ran at prices lower than Tuesday's settlement price of 3,651 yuan per tonne for the entirety of the trading day.The...