SteelOrbis has been informed that domestic HRB400 grade 20 mm rebar prices in China have increased by an average of RMB 30/mt as of today, September 5, to RMB 3,803/mt ($531,5/mt) ex-warehouse, including 13 percent VAT.
Meanwhile, Chinese export offers for ASTM A 615/A615 M grade 20 mm rebar have increased by an average of $2.5/mt as of today, to $460-470/mt FOB.
$1 = RMB 7.15