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 2,095.3/mt ($328.9/mt), RMB 2,231.7/mt ($350.3/mt),RMB 2,121.4/mt ($333.0/mt), RMB 2,171.2/mt ($340.8/mt), RMB3,028.5/mt ($475.4/mt) and RMB 2,450.6/mt ($384.7/mt), down RMB 60.2/mt ($9.5/mt), RMB 48.7/mt ($7.6/mt), RMB 44.6/mt ($7.0/mt), RMB 17.8/mt ($2.8/mt), RMB 21.3/mt ($3.3/mt) and RMB 3.7/mt ($0.6/mt), decreasing by 2.8 percent, 2.1 percent, 2.1 percent, 0.8 percent, 0.7 percent, and 0.2 percent, respectively, compared to prices in late August (August 21-31), as announced by
China’s National Bureau of Statistics on September 14.