As of April 7, China’s average price for HRB400 20mm dia rebar, a bellwether of the domestic steel market’s sentiment, grew for the second working day to Yuan 3,592/tonne ($510/t) including the 13% VAT. It gained another Yuan 3/t from last Friday. Long steel sales recovered again on Tuesday, the first working day of the week after China’s Qingming Festival.
Source : https://www.mysteel.net/article