In early March (Mar. 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 2,146.9/mt ($330.3/mt), RMB 2,204.7/mt ($339.2/mt), RMB 2,409.6/mt ($370.7/mt), RMB 2,447.7/mt ($376.6/mt), RMB 2,708.7/mt ($416.7/mt) and RMB 2,388.5/mt ($367.5/mt), up RMB 162.4/mt ($24.9/mt), RMB 171.7/mt ($26.3/mt), RMB 272.8/mt ($42.0/mt), RMB 257.4/mt ($39.6/mt), RMB 120.4/mt ($18.5/mt) and RMB 194/mt ($29.8/mt), increasing by 8.2 percent, 8.4 percent, 12.8 percent, 11.8 percent, 4.7 percent and 8.8 percent, respectively, compared to prices in late February (Feb. 21-29) this year, as announced by
China’s National Bureau of Statistics on March 14.