On March 30, China’s national price of HRB400 20mm dia rebar reached its 9.5-year high of Yuan 4,911/tonne ($755/t) EXW including the 13% VAT, though cautiousness spread in the market, and the daily trading of construction steel declined for the second working day by another 18.4% on day, according to Mysteel’s surveys.
Source : https://www.mysteel.net/article