CHINA REBAR: Sellers cut prices to attract buyers

China's domestic rebar prices decreased on Wednesday September 8 after sellers lowered their offers to encourage sales following two days of weak demand.

Domestic
Eastern China (Shanghai): 5,300-5,350 yuan ($820-828) per tonne, down by 20 yuan per tonne

Sellers dropped their offer prices for rebar on Wednesday morning to improves sales volumes, but buyers asked for even lower...

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