China's rebar prices tumbled further on Tuesday November 20 amid persistently weak demand.
Domestic Eastern China (Shanghai): 4,150-4,180 yuan ($598-602) per tonne, down 100-120 yuan per tonneNorthern China (Beijing): 3,930-3,980 yuan per tonne, down 100 yuan per tonneThe weakness in the Chinese stock market spread over to the ferrous futures market, weighing on the rebar contract, sources said.Most buyers held back from placing bookings on expectations of prices falling...