China's domestic and export prices for rebar dropped slightly on Monday January 6 on weakening demand, though the futures market for the long steel product registered some gains amid optimism linked to a truce in the country's trade war with the United States.
Eastern China (Shanghai): 3,680-3,710 yuan ($528-533) per tonne, down 10 yuan per tonneMost parts of China experienced rain and snow during the day. Such weather is forecast persist over the next day or two, which sapped demand for...