As of Oct. 17, China's domestic rebar price fell to $614/mt including VAT, hitting a three-month low, while spot sales of construction steel rebounded moderately. On Tuesday, trading volume of construction steel (rebar, wire rod and coil) among China's major trading houses gained 15,762 tons/day, or 9.9 percent, to 175,778 tons/day, mainly due to buying […]
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