China's domestic rebar prices fell sharply on Monday June 21 amid weaker demand and declining iron ore futures.
Domestic
Eastern China (Shanghai): 4,880-4,920 yuan ($754-761) per tonne, down 80-90 yuan per tonne
Some construction projects in several major Chinese cities, including Beijing and Shanghai, have stopped work ahead of July 1 celebrations marking the 100th anniversary of the founding of the Communist Party of China to perform safety checks, market sources said.
One...