Kyoei keeps rebar prices unchanged for December

Japan's largest rebar producer, Kyoei Steel, is maintaining its domestic rebar prices for December sales, the company announced on November 20, saying that demand still needs time to recover.

"The current domestic market has been gradually improving in both contracts and shipments, having bottomed out in August during the extremely hot season," it said in a statement when releasing its price policy. "However, there are still market issues such as delays and postponements of construction projects due to