Average HRB 400 rebar price in China rises in mid-November

In mid-November (November 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 3,032.9/mt ($438.3/mt), RMB 3,064.1/mt ($442.8/mt), RMB 3,252.7/mt ($470.0/mt), RMB 3,473.3/mt ($501.9/mt), RMB 4,014.0/mt ($580.1/mt) and RMB 2,998.1/mt ($433.3/mt), up RMB 153.6.0/mt ($22.2/mt), RMB 140.0/mt ($20.2/mt), RMB 143.3/mt ($20.7/mt), RMB 138.4/mt ($20.0/mt), RMB 214.4/mt ($31.0/mt) and RMB 105.1/mt ($15.2/mt), rising by 5.3 percent, 4.8 percent, 4.6 percent, 4.2 percent, 5.6 percent and 3.6 percent, respectively, all compared to prices in early November (November 1-10) this year, as announced by China’s National Bureau of Statistics on November 24.