China's domestic rebar market on Thursday June 28 recovered some of the losses from the past few days after futures spiked, though demand remained weak.
Domestic Eastern China (Shanghai): 3,980-4,020 yuan ($603-609) per tonne, up 30 yuan per tonne Northern China (Beijing): 3,870-3,910 yuan per tonne, up 30 yuan per tonne Rebar futures started the day at relatively high levels having risen sharply on Wednesday night. This gave spot market prices a boost.But end-user demand...