Rebar demand in China's domestic market strengthened on Tuesday October 26 amid good weather, though prices were unchanged with sellers coming under destocking pressure.
Domestic
Eastern China (Shanghai): 5,350-5,400 yuan ($838-846) per tonne, unchanged
Rebar consumption rates among end users strengthened during the day with most parts of China experiencing mild weather conditions. This improved demand as well.
A trader in Shanghai said...