Rebar price in China
20 mm diameter HRB335 rebars are currently being sold at around RMB 3,280/mt ($415) on actual weight basis including 17 percent VAT in Southern China markets and are continuing to improve. However, the price in Shanghai, the main eastern market, is as low as RMB 2,920/mt ($369/mt) theoretical weight basis including 17 percent VAT, and is maintaining a stable trend.