DAILY: China's rebar prices largely stable, spot trading declines

China's spot rebar prices ticked up on April 9 after falling for two consecutive days, while spot trading activity for the long steel product continued to weaken on the same day due to tepid buying interest, Mysteel Global learned.

The national price of HRB400E 20mm dia rebar assessed by Mysteel stood at Yuan 3,323/tonne ($486/t) including the 13% VAT on Thursday, up by a marginal Yuan 1/t from the prior day. Only one steel mill in South China's Guangxi raised its list prices for rebar and wire rod by