Metal Industry
China's rebar price dips further, sales recover
Source: | Author:pmoba547c | Published time: 2022-05-27 | 734 Views | Share:

On May 25, China's national price of HRB400E 20mm dia rebar price declined for the third working day by another Yuan 32/tonne ($4.8/t) to Yuan 4,766/t and including the 13% VAT, or hitting a 4.5-month low, while spot sales of construction steel including rebar recovered by 17.6% on day after two days of declines.