China's domestic rebar prices maintained a downward trend on Wednesday September 12 on participants' bearish sentiment.
Domestic Eastern China (Shanghai): 4,450-4,480 yuan ($648-652) per tonne, down 80 yuan per tonneNorthern China (Beijing): 4,330-4,360 yuan per tonne, down 50 yuan per tonneLate Tuesday, the Ministry of Ecology & Environment (MEE) declared that no decision had been made about steel production restriction measures in northern China during the winter heating season this year, China's domestic public presses reported. Participants, meanwhile, still expect the MEE to implement lighter requirements...