In November this year, average finished steel product prices in China’s Hebei Province increased compared to the price levels recorded in October, according to the latest data issued by Hebei Province’s Commodity Price Bureau.
In particular, average prices in Hebei Province of rebar, wire rod, hot rolled sheet and cold rolled sheet were recorded at RMB 2,954/mt ($426.6/mt), RMB 2,978/mt ($429.1/mt), RMB 3,378/mt ($486.7/mt) and RMB 4,159/mt ($599.3/mt), rising by 13.4 percent, 13.1 percent, 15.1 percent and 12.5 percent, respectively, all compared to prices in October this year.