Domestic demand for rebar in China weakened further on Tuesday November 9, causing prices to narrow downward.
Domestic
Eastern China (Shanghai): 4,900-4,940 yuan ($766-773) per tonne, narrowing downward by 40 yuan per tonne
Many traders lowered their rebar offers on losses in the futures market with the exception of a few, who maintained theirs.
But both approaches failed to generate interest among buyers, sources said.
Strong wind continued to affect...