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DAILY: China rebar price keeps stable, sales up

China’s national average price for HRB 400 20mm dia rebar remained largely stable on September 25 at Yuan 3,886/tonne ($547.3/t) including the 13% VAT, edging down by a mere Yuan 2/t on day.
Also on Wednesday, the trading volume of construction steel comprising rebar, wire rod and bar-in-coil rebounded by 9,157 tonnes/day or 4.3% on day to reach 224,358 t/d, according to Mysteel’s daily survey across 237 steel traders nationwide, higher than the normal level of around 200,000 t/d. China’s domestic steel sentiment had

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