CHINA REBAR: Domestic prices retreat amid inactivity

January 16, 2019 / www.metalbulletin.com / Article Link

China's domestic rebar prices softened on Tuesday January 15 amid sparse trading.

Domestic Eastern China (Shanghai): 3,700-3,740 yuan ($547-553) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,620-3,660 yuan per tonne, down 30 yuan per tonneRebar futures fell during the day after posting some gains a day earlier. This along with bad weather in several regions dampened demand from end users.A few buyers...

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