Average HRB 400 rebar price in China decreases in late December

In late December (Dec. 21-30) last 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 3,282.6/mt ($474.4/mt), RMB 3,368.8/mt ($486.8/mt), RMB 3,635.2/mt ($525.3/mt), RMB 3,941.0/mt ($569.5/mt), RMB 4,248.8/mt ($613.9/mt) and RMB 3,469.0/mt ($501.3/mt), down RMB 202.3/mt ($29.2/mt), RMB 158.8/mt ($22.9mt), RMB 95.3/mt ($17.8/mt), RMB 126.1/mt ($18.2/mt), RMB 22.4/mt ($3.2/mt) and RMB 37.8/mt ($5.5/mt), declining by 5.8 percent, 4.5 percent, 2.6 percent, 3.1 percent, 0.5 percent and 1.1 percent, respectively, all compared to prices in mid-December (Dec. 11-20) last year, as announced by China’s National Bureau of Statistics on January 5.