On April 6, China’s national HRB400E 20mm rebar price refreshed its 9.5-year high, surging Yuan 102/tonne from last Friday to Yuan 5,117/t, though the spread against the Tangshan Q235 150mm square billet price, remained narrow, as the latter also hit a new 12.5-year high of Yuan 5,040/t EXW, both including the VAT, Mysteel’s daily assessments showed.
Source : https://www.mysteel.net/article