Tag: China rebar
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China’s rebar price up, sales hit intra-year high
On September 27, China’s national price of HRB400E 20mm dia rebar under Mysteel’s assessment recovered by Yuan 26/tonne ($3.6/t) from the prior day to Yuan 4,148/t including the 13% VAT, while spot sales of construction steel soared to reach the highest so far this year. On Tuesday, the trading volume of construction steel including rebar,…