DAILY: China's rebar prices hold steady, trading softens

China's domestic spot rebar market held steady on August 20 after registering a small gain the previous day, while trading activity for the long steel product remained lackluster, extending Wednesday's decline, Mysteel Global learned.

The national price of HRB400E 20mm dia rebar assessed by Mysteel stood at Yuan 3,228/tonne ($480/t) including the 13% VAT on Thursday, flat from the day prior as the spot market tested both directions without forming a clear trend. In the futures market, the main contracts for coking coal and coke