China's domestic rebar prices were stable on Friday April 26 asrestocking demand ahead of next week's four-day holiday offset weaker futures.
Domestic Eastern China (Shanghai): 4,050-4,100 yuan ($601-608) per tonne, unchangedNorthern China (Beijing): 3,950-4,000 yuan per tonne, unchangedRebar futures were weaker today, with the settlement price of 3,733 yuan per tonne 11 yuan per tonne lower than the previous day's settlement price.Spot rebar prices, however, remained stable as the lower futures were offset by restocking on the part of buyers...