China's domestic rebar prices and futures dropped on Tuesday December 24 amid heightened expectations of some form of financial stimulus to be implemented by the Chinese government soon.
Eastern China (Shanghai): 3,750-3,780 yuan ($535-539) per tonne, down 50 yuan per tonneChinese Premier Li Keqiang said on Monday that the government was looking into whether to lower banks' reserve requirement ratio - the amount of cash they must keep in their reserves - or...