China's domestic rebar prices were still largely flat on Wednesday January 31 amid an inactive market.
Domestic Eastern China (Shanghai): 3,820-3,880 yuan ($603-613) per tonne, narrowed downward by 10 yuan per tonneNorthern China (Beijing): 3,900-3,940 yuan per tonne, unchangedThe market remained inactive during the day with more contractors stopping procurement.A few sellers lowered their prices by 10 yuan per tonne in an attempt to secure more bookings, but their efforts were mostly in vain. The...