Tag: China rebar
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China’s rebar price at 19-month low on weak enquiries
On July 13, China’s national price of HRB400E 20mm dia rebar under Mysteel’s assessment declined for the fourth working day by another Yuan 49/tonne ($7.3/t) to a 19-month low of Yuan 4,090/t including the 13% VAT. On Wednesday, spot sales of construction steel comprising rebar, wire rod and bar-in-coil among 237 Chinese trading houses under…