Tag: China rebar price

For September, average rebar margins among China’s 91 blast-furnace steel mills under Mysteel’s monthly survey gained substantially by Yuan 393/tonne ($61/t) on month to Yuan 801/t, which outpaced the gain of Yuan 110/t or 3.4% on month in their molten iron cost to Yuan 3,370/t excluding the 13% VAT on average, according to the latest…