On February 4, China’s spot sales of construction steel including rebar, wire rod and bar-in-coil slumped for the second working day by another 32.3% on day or 5,931 tonnes, and the country’s national price of HRB400 20mm dia rebar almost came to a standstill in the last few days before the Chinese New Year (CNY) holiday starting February 11.
Source : https://www.mysteel.net