Eastern China (Shanghai)
: 3,800-3,860 yuan ($600-609) per tonne, down 30-40 yuan per tonne
Northern China (Beijing)
: 3,880-3,910 yuan per tonne, down 70-80 yuan per tonne
Rebar futures decreased sharply on Friday, which led to sentiment in the spot market deteriorating.
A weakening billet market added to the pressure on rebar prices, sources said.
Spot prices for rebar in east China are 240-260 yuan per tonne lower in comparison with last Friday while those in...