China's domestic rebar prices were unchanged on Thursday September 26, with low spot market inventories providing support amid declining futures.
Domestic Eastern China (Shanghai): 3,680-3,700 yuan ($517-520) per tonne, unchangedNorthern China (Beijing): 3,590-3,630 yuan per tonne, unchangedStockists had lower inventories after their active selling over the past one week.Major spot markets in China had 4.8 million tonnes of rebar on Thursday, down 478,000 tonnes from a week earlier, according to a local industry information provider.As such, sellers maintained prices despite a...