DAILY: China's rebar price flat for 3rd day amid pre-holiday quietness

With the Chinese New Year (CNY) holiday just two days away, China's rebar price remained unchanged for the third consecutive workday on January 26, a make-up workday ahead of the holiday.

According to Mysteel's assessment, the national price of HRB400E 20mm dia rebar stayed at Yuan 3,474/tonne ($476.5/t), including 13% VAT on Sunday, unchanged from Friday. On the same day, Mysteel assessed the Q235 150mm square billet price in North China's Tangshan also flat from Friday at Yuan 3,080/t EXW, including VAT. In the