In early January (Jan. 1-10) 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 1,928.9/mt ($292.9/mt), RMB 1,982.9/mt ($301.1/mt), RMB 1,980.7/mt ($300.8/mt), RMB 2,102.7/mt ($319.3/mt), RMB 2,621.6/mt ($398.1/mt) and RMB 2,163.2/mt ($328.5/mt), up RMB 81.0/mt ($12.3/mt), RMB 64.6/mt ($9.8/mt), RMB 59.7/mt ($9.1/mt), RMB 86.0/mt ($13.1/mt), RMB 10.9/mt ($1.7/mt) and RMB 27.5/mt ($4.2/mt), up 4.4 percent, 3.4 percent, 3.1 percent, 4.3 percent, 0.4 percent and 1.3 percent, respectively, compared to prices in late December (Dec. 21-31) last year, as announced by
China’s National Bureau of Statistics on January 14.