China's domestic rebar prices were flat on Thursday April 16 although futures strengthened following word that Tangshan would likely impose restrictions on blast furnaces.
Eastern China (Shanghai): 3,430-3,460 yuan ($486-490) per tonne, unchangedSome sellers raised their offers by 10-20 yuan per tonne in the afternoon after word circulated over social media that mills in Tangshan, China's steelmaking hub in the northern region, would have to cut their...