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Rebar

China domestic rebar prices stop rising due to weaker demand, falling futures

China’s domestic rebar prices stopped rising on Thursday April 7, due to a drop in demand and a fall in futures prices, sources told Fastmarkets.

Domestic

Eastern China (Shanghai): 5,070-5,100 yuan ($797-802) per tonne, unchanged

Spot market prices were some 100 yuan per tonne lower than futures last week, but are now at…

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