CHINA REBAR: Domestic prices down on futures losses

December 26, 2018 / www.metalbulletin.com / Article Link

China's domestic rebar prices dropped on Tuesday December 25 amid weak demand on lower futures.

Domestic Eastern China (Shanghai): 3,740-3,780 yuan ($542-548) per tonne, down 40 yuan per tonne Northern China (Beijing): 3,610-3,650 yuan per tonne, widened down 10 yuan per tonneRebar futures remained lower than Monday's settlement price of 3,465 yuan per tonne throughout Tuesday's trading session, leading to little buying interest...

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