Author: Abhishek Bhalla

China’s national average benchmark price of HRB 400 20mm dia rebar continue to stabilize on January 14, assessed at Yuan 3,834/tonne ($548/t) including 13% VAT, or down Yuan 1/t on day amidst the lukewarm market transactions as Chinese New Year (CNY) holiday approaches. On the same day, China’s total sales volume of rebar, wire rod…