Mysteel’s national average price for HRB400 20mm dia rebar benchmark remained unchanged from the previous day at Yuan 3,583/tonne ($515.2/t), including the 13% VAT as of March 10. Trading volume of long steel products amongst Chinese traders rose further and the increase in transactions encouraged traders to hold on to their offering prices, Mysteel Global has learned.
Source : https://www.mysteel.net/article