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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,


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