Domestic rebar prices in China fell on Thursday November 4, but the rate of decline was slower than that a day earlier after the market was supported by tighter supply from steel mills and on the spot market.
East China (Shanghai): 4,900-4,930 yuan ($765-770) per tonne, down by 50 yuan per tonneOver the week to Thursday, rebar output totaled 2.88 million tonnes, a decrease of 21,600 tonnes from the previous week. According to a local industry information provider, rebar stock in the spot market was...