Average HRB 400 rebar price in China up 0.6 percent in late July

In late July (July 21-31) 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 3,868.0/mt ($575.6/mt), RMB 3,917.0/mt ($582.9/mt), RMB 3,704.0/mt ($551.2/mt), RMB 3,909.5/mt ($581.8/mt), RMB 4,543.9/mt ($676.2/mt) and RMB 3,990.1/mt ($593.8/mt), increasing by RMB 24.2/mt ($3.6/mt), RMB 64.3/mt ($9.6/mt), RMB 24.4/mt ($3.6/mt), RMB 31.1/mt ($4.6/mt), RMB 54.0/mt ($8.0/mt), RMB 46.3/mt ($6.9/mt), up by 0.6 percent, 1.7 percent, 0.7 percent, 0.8 percent, 1.2 percent and 1.2 percent, respectively, compared to prices in mid-July (July 11-20), as announced by China’s National Bureau of Statistics on August 4.