In August this year, average finished steel product prices in China’s Hebei Province increased compared to the price levels recorded in July, according to the latest data issued by Hebei Province’s Commodity Price Bureau.
In particular, average prices in Hebei Province of round bar, rebar, angles and wire rod were recorded at RMB 4,243/mt ($652.8/mt), RMB 4,136/mt ($636.3/mt), RMB 4,249/mt ($653.7/mt) and RMB 4,290/mt ($660.0/mt), rising by 7.1 percent, 6.1 percent, 10.8 percent and 9.0 percent, respectively, all compared to prices in July this year.