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DAILY: China's rebar price keeps flat, sales slip again

ABSTRACT

On April 28, China's national price of HRB400E 20mm dia rebar remained unchanged on day to Yuan 5,068/tonne ($761/t) including the 13% VAT, while spot sales of construction steel including rebar eased for the second day by another 2.4%, both according to Mysteel's assessments.
On Thursday, the daily trading volume of construction steel also comprising wire rod and bar-in-coil among China's 237 trading houses lost by 4,358 tonnes/day on day to 174,176 t/d.   With China's Labour Day holiday just around the corner over April 30-May 4, some end-users opted to replenish some stocks. However, the buying

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