DAILY: China's rebar prices mark time, spot sales cool

China's rebar prices held largely steady on January 13, with both spot and futures rebar prices leveling off by the end of the day. Spot transactions of construction steel items including rebar slipped to a two-week low on the same day, however.

The national price of HRB400E 20mm dia rebar stood flat on day at Yuan 3,342/tonne ($479/t) including the 13% VAT on Tuesday, according to Mysteel's assessment. Meanwhile, the price of Q235 150mm square billet in Tangshan in North China's Hebei province assessed by Mysteel also remained unchanged on day at Yuan 2,970/t EXW including the 13% VAT. In the