In mid-June (June 11-20) this year, the average prices in China of 16-25 mm HRB 400 rebar and 6.5 mm HPB 300 wire rod were recorded at RMB 3,686.7/mt ($539.1/mt) and RMB 3,668.7/mt ($536.4/mt), decreasing by RMB 10/mt ($1.46/mt) and RMB 6/mt ($0.88/mt), down by 0.3 percent and 0.2 percent, respectively, all compared to prices in early June (June 1-10), as announced by China’s National Bureau of Statistics on June 26.
Meanwhile, the average prices in China of 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 3393.0/mt ($496.1/mt), RMB 3,488.5/mt ($510.1/mt), RMB 4,319.0/mt ($631.5/mt) and RMB 3,745/mt ($547.6/mt), up by RMB 34/mt ($4.97/mt), RMB 101.7/mt ($14.9/mt), RMB 22.5/mt ($3.3/mt) and RMB 31.0/mt ($4.5/mt), up by 1.0 percent, 3.0 percent, 0.5 percent and 0.8 percent, compared to prices in early June (June 1-10).