DAILY: China's steel prices mostly decline, spot trading picks up

China's domestic steel products mostly declined on March 27, with both rebar and hot-rolled coil prices losing further ground, while spot trading for construction steel across the country picked up slightly, Mysteel Global learned.

The national price of HRB400E 20mm dia rebar assessed by Mysteel stood at Yuan 3,324/tonne ($481/t) including the 13% VAT last Friday, down by Yuan 9/t from the prior day and marking declines for four consecutive days. One steel mill in North China lowered its list prices for rebar and