China's domestic rebar prices decreased on Wednesday August 18 amid sharp losses in the futures market and subdued restocking demand.
Domestic
Eastern China (Shanghai): 5,140-5,170 yuan ($793-798) per tonne, down by 50 yuan per tonne
Rebar futures plunged during the day on market participants' pessimistic outlook for demand in the next few months.
Housing investments in the first seven...