China's national price of the HRB 400 20mm dia rebar, a bellwether of the domestic steel market sentiment, grew for the fourth consecutive day last Friday. It gained another Yuan 15/tonne ($2.3/t) on day to Yuan 4,174/t including the 13% VAT as of November 20, while long steel sales in the physical market softened on the same day.
Source : https://www.mysteel.net/article