Average HRB 400 rebar price in China down 2.2 percent in mid-December

In mid-December (December 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, 219 mm x 6 mm seamless pipes and 5 mm x 5 mm angles were respectively recorded at RMB 3,928.6/mt ($566.1/mt), RMB 4,043.3/mt ($582.6/mt), RMB 3,865.5/mt ($556.9/mt), RMB 4,787.4/mt ($689.8/mt) and RMB 4,165.6/mt ($600.2/mt), decreasing by RMB 87.8/mt ($12.7/mt), RMB 83.1/mt ($12.0/mt), RMB 20.0/mt ($2.9/mt), RMB 21.3/mt ($3.1/mt) and RMB 4.6/mt ($0.7/mt), down by 2.2 percent, 2.0 percent, 0.5 percent, 0.4 percent and 0.1 percent, while prices of 3 mm Q235 hot rolled sheet were recorded at RMB 3,859.9/mt ($556.2/mt), up RMB 12.3/mt ($1.8/mt), up 0.3 percent, respectively, compared to prices in early December (December 1-10), as announced by China’s National Bureau of Statistics.