High inventory levels weighted on China's domestic rebar market on Tuesday February 25 while concerns over overseas demand also led to a drop in export prices.
Eastern China (Shanghai): 3,450-3,480 yuan ($491-495) per tonne, down 10 yuan per tonneMember mills of the China Iron & Steel Association (Cisa) had 21.34 million tonnes of finished steel in their warehouses on February 20, up 15.3%...