China's domestic and export prices for rebar fell again on Thursday May 24 with sellers attempting to secure more bookings.
Domestic Eastern China (Shanghai): 3,790-3,830 yuan ($594-600) per tonne, down 20-30 yuan per tonne Northern China (Beijing): 3,830-3,850 yuan per tonne, down 20 yuan per tonne Traders lowered their prices on seeing futures decline in the earlier part of the day. Even when the paper market recovered in the afternoon, they stuck to their lower...