Author: Ratiram Gurjar
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China’s rebar price rebound on improved trade activities
China’s national price of HRB400E 20mm dia rebar under Mysteel’s assessment finally gained some steam on March 28 after declining for nine consecutive working days, though up by a small Yuan 6/tonne ($0.9/t) on day to Yuan 4,267/t including the 13% VAT, while spot trading of construction steel including rebar also rebounded above the threshold…