Tag: China’s HRC-rebar price spread to recover in Sept

MySteel Global: The spot price spread between hot-rolled coil (HRC) and rebar in China is likely to recover after mid-September, gradually reaching yuan 50-100/tonne ($7.03-14.06/t), according to Mysteel Global’s latest report on the dynamics of the two products’ prices. So far this year, average domestic HRC prices have been higher than those of rebar due…