UTC+8 ( BJT)

DAILY: China rebar price, construction steel sales ease

On January 14, China’s rebar price went down for the fourth working day, falling another Yuan 18/tonne ($2.8/t) on day, and the domestic spot sales of construction steel including rebar, wire rod and bar in coil hovered at a 10-month low level by ebbing another 0.3% on day, Mysteel Global noted.
On Thursday, China’s national price of HRB400 20mm dia rebar declined to Yuan 4,354/t including the 13% VAT, and the spot trading volume of construction steel across China’s 237 steel traders eased for the fifth working day to 127,382 tonnes/day, or down 383 t/d on day, according to Mysteel’s surveys. Meanwhile,

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227