Tag: China rebar price
-
China’s rebar price hits 1-month low, sales poor
On December 28, China’s national price of HRB400E 20mm dia rebar under Mysteel’s assessment touched a one-month low of Yuan 4,765/tonne ($748/t) including the 13% VAT, or having decreased for the sixth working day by another Yuan 31/t, and spot trading of construction steel including rebar perched low despite an on-day recovery of 5.4%. On…