China's domestic rebar prices moved up further on Tuesday December 10 on early gains in the futures market, though sentiment among participants remained bearish.
Eastern China (Shanghai): 3,910-3,940 yuan ($555-560) per tonne, up 10 yuan per tonneSellers kept raising their prices after rebar futures climbed steadily in the morning, but buyers cut their procurement rates to wait and see how the market develops. The most-traded rebar contract went on to end the day slightly...