Average HRB 400 rebar price in China up 1.6 percent in early September

In early September (September 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 4,180.2/mt ($643.1/mt), RMB 4,400.2/mt ($677.0/mt), RMB 4,184.1/mt ($643.7/mt), RMB 4,416.6/mt ($679.5/mt), RMB 5,248.7/mt ($807.5/mt) and RMB 4,460.6/mt ($686.3/mt), increasing by RMB 65.6/mt ($10.1/mt), RMB 95.1/mt ($14.6/mt), RMB 150.1/mt ($23.1/mt), RMB 165.6/mt ($25.5/mt), RMB 78.7/mt ($12.1/mt), RMB 24.9/mt ($3.8/mt), up by 1.6 percent, 2.2 percent, 3.7 percent, 3.9 percent, 1.5 percent and 0.6 percent, respectively, compared to prices in late August (August 21-30), as announced by China’s National Bureau of Statistics on September 14.