Author: Abhishek Bhalla

  • Chinese Rebar Price Dips Further, Sales Recover

    Chinese Rebar Price Dips Further, Sales Recover

    China’s national average benchmark price for HRB 400 20mm dia rebar dipped another Yuan 15/tonne ($2.1/t) on day to Yuan 3,693/t including 13% VAT as of February 18, after hovering around its 33-month low for the past three days. Trading was inactive in the steel market due to the ongoing battles against the Novel Coronavirus…