CHINA REBAR: Participants' wait-and-see approach leads to inactivity, lower prices

China's domestic rebar prices dropped on Wednesday November 27 amid inactive trading.

Eastern China (Shanghai): 4,050-4,080 yuan ($577-581) per tonne, down 30 yuan per tonne
Northern China (Beijing): 3,790-3,830 yuan per tonne, down 10 yuan per tonne

Customers in eastern China are waiting for rebar cargoes from northern mills to arrive over the coming couple of weeks, which...

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