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 and 3 mm Q235 hot rolled sheet were recorded at RMB 4,137.5/mt ($636.5/mt), RMB 4,368.2/mt ($672.0/mt), RMB 4,173.8/mt ($642.1/mt) and RMB 4,359.3/mt ($670.7/mt), decreasing by RMB 42.6/mt ($6.6/mt), RMB 32.0/mt ($4.9/mt), RMB 10.3/mt ($1.6/mt) and RMB 57.3/mt ($8.8/mt), down 1.0 percent, 0.7 percent, 0.2 percent and 1.3 percent, respectively, compared to prices in early September (September 1-10), as announced by China’s National Bureau of Statistics on September 25.
In mid-September, average prices of 219 mm x 6 mm seamless pipes and 5 mm x 5 mm angles were recorded at RMB 5,339.8/mt ($807.5/mt) and RMB 4,478.9/mt ($686.3/mt), increasing by RMB 91.1/mt ($12.1/mt) and RMB 18.3/mt ($3.8/mt), up by 1.7 percent and 0.4 percent, compared to prices in early September.