Tag: China rebar offers
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Chinese rebar price at 8-months low as sales slip
On November 17, China’s national price of HRB400E 20mm dia rebar fell to a new low since March 12, reaching Yuan 4,723/tonne ($741/t) including the 13% VAT after declining for the third assessment day by another Yuan 12/t, and spot trading of construction steel including rebar reversed from two days of rises, down 13% on…