Tag: China.steel

On June 16, China’s national price of HRB400E 20mm dia rebar hit a nearly 16-month low of Yuan 4,653/tonne ($694.6/t) including the 13% VAT, down for the fifth working day by another Yuan 31/t, while spot sales of construction steel including rebar among 237 Chinese trading houses reversed from just one day of recovery, down…