DAILY: China's rebar prices steady, trading rebounds

Rebar prices in China were largely unchanged in both spot and futures markets on January 14, while spot trading activity for the long steel product saw a modest rebound, Mysteel Global learned.

The national price of HRB400E 20mm dia rebar assessed by Mysteel stood at Yuan 3,342/tonne ($479/t) including the 13% VAT on Wednesday, flat from the day prior. In the derivatives market, the most-traded rebar futures contract on the Shanghai Futures Exchange for May 2026 delivery finally closed the daytime session at