In early March (March 1-10) this year, the average prices in China of 16-25 mm HRB 400 rebar, 6.5 mm HPB 300 wire rod and 3 mm Q235 hot rolled sheet were recorded at RMB 4,137.7/mt ($655.3/mt), RMB 4,233.3/mt ($670.5/mt) and RMB 4,269.7/mt ($676.3/mt), down RMB 17.1/mt ($2.7/mt), RMB 7.5/mt ($1.2/mt) and RMB 17.1/mt ($2.7/mt), i.e., down 0.4 percent, 0.2 percent and 0.4 percent, compared to prices in late February (February 21-28), as announced by China’s National Bureau of Statistics.
Meanwhile, the average prices in China of 20 mm Q235 common medium plate, 219 mm x 6 mm seamless pipes and 5 mm x 5 mm angles were recorded at RMB 4,269.8/mt ($676.3/mt), RMB 5,341.0/mt ($845.9/mt) and RMB 4,415.3/mt ($699.3/mt), up RMB 41.7/mt ($6.6/mt), RMB 52.8/mt ($8.4/mt), and RMB 32.0/mt ($5.1/mt), i.e., rising by 1.0 percent, 1.0 percent and 0.7 percent, compared to prices in late February (February 21-28).
