Rebar offers in eastern China dropped sharply on Monday February 3, the first day of work after the Chinese New Year for some market participants, amid sustained fears over the novel coronavirus in the country.
Eastern China (Shanghai): 3,400-3,450 yuan ($490-497) per tonne, down 220-240 yuan per tonneA handful of sellers in the eastern region have returned to the market despite local authorities in Shanghai instructing businesses to have an extended break until February 9 to contain...