DAILY: China's rebar prices edge up, sales steady

China's rebar prices in both spot and futures markets posted small gains on April 22, while spot trading volume of long steel products, including rebar, held largely steady on the same day.

Mysteel assessed the national price of HRB400E 20mm dia rebar at Yuan 3,386/tonne ($496/t) including the 13% VAT on Wednesday, up by Yuan 1/t from one day prior. This marked its uptrend for over a week, although the rise moderated compared to the larger gains seen in the past few days,