Eastern China (Shanghai)
: 3,770-3,800 yuan ($535-539) per tonne, unchanged
Northern China (Beijing)
: 3,730-3,760 yuan per tonne, unchanged
Declining iron ore prices weighed on sentiment in the rebar futures market, resulting in the benchmark contract ending the day about 1% lower than Wednesday’s closing price, sources said.
Fastmarkets’ index for iron ore 62% Fe fines, cfr Qingdao was at $93.31 per tonne on...