In mid-August (August 11-20) this year, the average prices in
China of 16-25mm HRB 400
rebar, 6.5 mm HPB 300 wire rod, 20 mm Q235 common medium
plate, 3 mm Q235 hot rolled sheet, 5 mm x 5 mm angles and 219 mm x 6 mm seamless pipes were recorded at RMB 2,211.6/mt ($345.6/mt), RMB 2,309.7/mt ($360.9/mt), RMB 2,205.7/mt ($344.6/mt), RMB 2,234.5/mt ($349.1/mt), RMB 2,472.5/mt ($386.3/mt) and RMB 3,062.6/mt ($478.5/mt), up RMB 11.9/mt ($1.9/mt), RMB 24.7/mt ($3.9/mt), RMB 20.0/mt ($3.1/mt), down RMB 5.5/mt ($0.9/mt), RMB 4.9/mt ($0.8/mt) and RMB 9.5/mt ($1.5/mt), increasing by 0.5 percent, 1.1 percent and 0.9 percent, and down 0.2 percent, 0.3 percent and 0.2 percent, respectively, compared to prices in early August (August 1-10), as announced by
China’s National Bureau of Statistics on August 24.