China's rebar prices held steady on Thursday July 11 amid a drop in both supply and demand.
Domestic Eastern China (Shanghai): 3,980-4,000 yuan ($578-581) per tonne, unchangedNorthern China (Beijing): 3,880-3,910 yuan per tonne, unchangedA total of 3.76 million tonnes of rebar were produced during the week to Thursday, down 21,000 tonnes from the preceding week, according to a local industry information provider.But demand is also falling, which makes it hard for rebar prices to pick up, sources...