Prices plummeted yesterday rebar for the best species to 4000 pounds, traders waiver for a portion of the profit margin to revitalize the market
The sources emphasized that the sales have been active for two days after the announcement of new prices and then returned to decline again because of the expectation of consumers a new low.
The sources added that the sale prices will not be considered before next November 30
The sources disclosed that the traders are currently compiling requests and implemented through factories .. So do not stock up and have achieved significant losses.
Sold less quality species at 3850 per ton