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DAILY: China’s rebar price static, trading dips

China’s price of HRB400 20mm dia rebar remained unchanged on day at Yuan 3,818/tonne ($569.6/t) as of October 27, Mysteel’s data showed. However, actual trading in the physical market dipped slightly.
The trading volume of rebar, wire rod and bar-in-coil among 237 traders across China reversed down by a mere 4,264 tonnes/day or 1.7% on day to reach 240,789 t/d as of October 27, according to Mysteel’s daily regularly survey. The actual demand from downstream consumers stayed stable as the construction works

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