China's domestic rebar market weakened on Thursday January 11 after a major mill announced lower list prices for mid-January.
Domestic Eastern China (Shanghai): 3,830-3,900 yuan ($588-599) per tonne, narrowed downward by 20 yuan per tonne Northern China (Beijing): 3,870-3,890 yuan per tonne, narrowed downward by 10 yuan per tonne Shagang, a major producer of rebar in east China, lowered its list prices for the long steel product by 300 yuan per tonne in the morning,...