China's domestic rebar prices started retreating again on Thursday March 22 after holding steady for a day with traders eager to offload their materials.
Domestic Eastern China (Shanghai): 3,610-3,700 yuan ($570-585) per tonne, down 30-60 yuan per tonne Northern China (Beijing): 3,830-3,860 yuan per tonne, down 20 yuan per tonne Trading activity was low on Wednesday when traders kept their prices unchanged, which led them to lower their offers on Thursday to generate sales. The...