Tag: China rebar
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China’s rebar price dips further, sales rebound
On June 8, China’s national price of HRB400E 20mm dia rebar dropped for the second working day by another Yuan 6/tonne ($0.9/t) to Yuan 4,835/t including the 13% VAT, while spot sales of construction steel including rebar, wire rod and bar-in-coil among China’s 237 trading houses reversed from a two-day decline, up 36,781 tonnes/day or…