In mid-September (September 11-20) 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 2,441.5/mt ($366.0/mt), RMB 2,555.0/mt ($383.1/mt), RMB 2,674.8/mt ($401.0/mt), RMB 2,886.8/mt ($432.8/mt), RMB 3,294.3 /mt ($493.9/mt) and RMB 2,716.0/mt ($407.2/mt), down RMB 82.6/mt ($12.4/mt), RMB 50.6/mt ($7.6/mt), RMB 66.5/mt ($10.0/mt), RMB 58.8/mt ($8.8/mt), RMB 40.0/mt ($6.0/mt) and RMB 54.8/mt ($8.2/mt), decreasing byown 3.3 percent, 1.9 percent, 2.4 percent, 2.0 percent, 1.2 percent and 2.0 percent, respectively, all compared to prices in early September (September 1-10) this year, as announced by
China’s National Bureau of Statistics on September 26.