Tag: Rebar
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China: Spot rebar price dives to 3.5-month low
On November 2, China’s national price of HRB400E 20mm dia rebar under Mysteel’s assessment declined for the second day to a new low since July 12, or having slumped Yuan 116/tonne ($18/t) amid overall plunges in ferrous commodities prices both in physical and futures markets, and spot sales of construction steel including rebar shrank for…