Average HRB 400 rebar price in China down 1.3 percent in late June

In late June (June 21-30) 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 respectively recorded at RMB 4,082.6/mt ($609.3/mt), RMB 4,287.1/mt ($639.9/mt), RMB 4,425.8/mt ($660.6/mt), RMB 4,360.7/mt ($650.9/mt), RMB 5,220.2/mt ($779.1/mt) and RMB 4,284.4/mt ($639.5/mt), decreasing by RMB 52.8/mt ($7.9/mt), RMB 37.4/mt ($5.6/mt), RMB 34.6/mt ($5.2/mt), RMB 31.8/mt ($4.8/mt), RMB 5.4/mt ($0.81/mt) and RMB 16.5/mt ($2.5/mt), i.e., down 1.3 percent, 0.9 percent, 0.8 percent, 0.7 percent, 0.1 percent and 0.4 percent, respectively, compared to prices in mid-June (June 11-20), as announced by China’s National Bureau of Statistics.