In early October (October 1-10) this year, the average prices in China of 16-25 mm HRB 400 rebar, 20 mm Q235 common medium plates, 3 mm Q235 hot rolled sheet, 219 mm x 6 mm seamless pipe and 5 mm x 5 mm angles were recorded at RMB 2,811.3/mt ($441.6/mt), RMB 3,100.3/mt ($504.9/mt), RMB 3,164.1/mt ($515.3/mt), RMB 3,836.2/mt ($624.8/mt) and RMB 3,168.6/mt ($516.1/mt), down RMB 5.7/mt ($0.93/mt), RMB 34.7/mt ($5.65/mt), RMB 22.9/mt ($3.73/mt), RMB 22.8/mt ($3.71/mt), and RMB 18.3/mt ($2.98/mt), indicating respective declines of 0.2 percent, 1.1 percent, 0.7 percent, 0.6 percent and 0.6 percent compared to prices in late September (September 21-30), as announced by China's National Bureau of Statistics on October 14.
During the given period, the average price of 6.5 mm HPB 300 wire rod was recorded at RMB 2,890.1/mt ($470.7/mt), up 0.2 percent compared to the price in late September.