China's domestic rebar prices edged up further on Tuesday April 24 on rising futures, but trading activity has thinned.
Domestic Eastern China (Shanghai): 3,880-3,920 yuan ($615-621) per tonne, up 20 yuan per tonne Northern China (Beijing): 3,740-3,770 yuan per tonne, narrowed upward by 10 yuan per tonne Rebar futures continued to strengthen during the day, albeit at a less rapid pace as Monday, which continued to support prices for the long steel product in the spot market.But demand appears to have dipped as a result of the higher prices.A number of end-users...