UTC+8 ( BJT)

DAILY: China's rebar price refreshes 3-m high of $785/t


On February 10, China's national price of HRB400E 20mm dia rebar under Mysteel's assessment refreshed a three-month high of Yuan 5,003/tonne ($785/t) including the 13% VAT, or up for the fourth working day by another Yuan 14/t.
On Thursday, Chinese longs prices were able to source some support from semis, as the Tangshan Q235 150mm square billet price in North China's Hebei province under Mysteel's survey increased by Yuan 20/t on day after two days of stability, reaching Yuan 4,690/t EXW and including the VAT.   The strengthening steel


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