China’s national average price of HRB 400 20mm dia rebar retreated another Yuan 5/tonne ($0.7/t) on day to Yuan 3,749/t including 13% VAT as of February 12 as the domestic steel demand remained stagnant though daily trading volume improved slightly. On Wednesday, the daily transaction of long steel products continued to grow but at a slow pace and the trading volume of rebar, wire rod and bar-in-coil among 237 steel traders across China totalled 5,560 tonnes/day, slightly up from 5,034 t/d in the prior day, according to Mysteel’s daily transaction
Source : https://www.mysteel.net