Tag: China rebar

On May 19, China’s national price of HRB400E 20mm dia rebar dropped for the sixth working day, down by another Yuan 42/tonne ($6.2/t) on day to touch a 3.5-month low of Yuan 4,832/t including the 13% VAT, while spot sales of construction steel including rebar recovered by 32.5% on day after two days of declines,…