UTC+8 ( BJT)

DAILY: China’s rebar price dips further, sales up

ABSTRACT

China’s national price of HRB400E 20mm dia rebar decreased for the fourth straight day on June 18, slipping to Yuan 5,126/t ($795/t) including the 13% VAT or lower by another Yuan 10/tonne on day, according to Mysteel’s tracking.
Meanwhile, as of the same day, the daily trading volume of construction steel including rebar, wire rod and bar-in-coil among China’s 237 traders under Mysteel’s survey rose for the second day. The volume climbed by 10,308 tonnes/day or 5.4% to reach 201,128 t/d, topping the threshold of 200,000 t/d again. In

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