China's domestic rebar prices dipped on Wednesday April 17 amid higher selling interest among traders.
Domestic Eastern China (Shanghai): 4,050-4,100 yuan ($603-611) per tonne, narrowed downward by 30 yuan per tonne Northern China (Beijing): 4,030-4,060 yuan per tonne, widened downward by 10 yuan per tonneRebar traders lowered their prices slightly during the day to secure more sales. The lower prices encouraged a few buyers to raise their procurement rates. Rebar futures were trading below Tuesday's settlement...