China's rebar prices kept moving lower in both the domestic and the export markets on Monday November 19 amid sparse trading.
Domestic Eastern China (Shanghai): 4,250-4,300 yuan ($613-620) per tonne, down 70 yuan per tonneNorthern China (Beijing): 4,030-4,080 yuan per tonne, down 100 yuan per tonneThe weekend billet losses and Monday's drop in futures prices pushed down spot rebar prices.Buyers cut procurement rates as they waited for...