DAILY: China's rebar prices rise again, sales keep stable

China's spot rebar prices continued to move up on June 30, as major rebar futures maintained the uptrend and transactions for the long steel item in the physical market remained stable, Mysteel Global learned.

On Monday, the national price of HRB400E 20mm dia rebar was assessed by Mysteel at Yuan 3,211/tonne ($448/t) including the 13% VAT, growing for the second working day by Yuan 13/t from last Friday. In the futures market, rebar prices strengthened for the third trading day on Monday, with the most-traded contract