China's domestic rebar prices continued to fall on Tuesday May 18, but at a much slower rate than on Monday due to gains in the iron ore market.
Domestic
Eastern China (Shanghai): 5,550-5,580 yuan ($864-868) per tonne, down by 20-30 yuan per tonne
The most-traded September iron ore futures contract closed at 1,242.50 yuan per tonne on Tuesday, up by 45 yuan per tonne from Monday's close.
The raw material's...