Tag: china rebar sales
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China’s rebar price down, sales jump on better sentiment
China’s national price of HRB400E 20mm dia rebar under Mysteel’s assessment declined further to Yuan 4,236/tonne ($620.7/t) as of February 14, down a touch by Yuan 3/t on day including the 13% VAT, while spot sales of construction steel recorded a marked growth. On Tuesday, the trading volume of construction steel including rebar, wire rod…