CHINA REBAR: Downtrend persists amid falling futures

China domestic rebar prices continued to decline on Wednesday April 1 amid a weakening futures market, which sapped buying interest.

Eastern China (Shanghai): 3,390-3,420 yuan ($478-482) per tonne, down 20-30 yuan per tonne
Northern China (Beijing): 3,330-3,370 yuan per tonne, widened downward by 10 yuan per tonne
 

Domestic prices in eastern China have fallen by 80 yuan per tonne over the first three days of...

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