In mid-January (Jan. 11-20) this year, the average prices in
China of 16-25 mm HRB 400
rebar, 6.5 mm HPB 300 wire rod, 20 mm Q235 common medium
plate, 3 mm Q235 hot rolled sheet, 219 mm x 6 mm seamless pipes and 5 mm x 5 mm angles were recorded at RMB 1,904.6/mt ($289.5/mt), RMB 1,970.8/mt ($299.5/mt), RMB 1,970.5/mt ($299.5/mt), RMB 2,068.2/mt ($314.3/mt), RMB 2,611.3/mt ($396.9/mt) and RMB 2,166.6/mt ($329.3/mt), down RMB 24.3/mt ($3.7/mt), RMB 12.1/mt ($1.9/mt), RMB 10.2/mt ($1.6/mt), RMB 34.5/mt ($5.2/mt) and RMB 10.3/mt ($1.6/mt) and increasing by RMB 3.4/mt ($0.5/mt), down 1.3 percent, 0.6 percent, 0.5 percent, 1.6 percent and 0.4 percent and rising by 0.2 percent, respectively, compared to prices in early January (Jan. 1-10) this year, as announced by
China’s National Bureau of Statistics.