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China’s rebar price recovers, spot sales grow


On September 2, China’s national price of HRB400E 20mm dia rebar under steel assessment reversed from just one day of decline, up Yuan 4/tonne ($0.6/t) on day, suggesting that the price was still rangebound, while and spot sales of construction steel including rebar increased for the second day, up substantially by 23.9% on day.