Average HRB 400 rebar price in China down 3.4 percent in late September

In late September (September 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 recorded at RMB 3,997.7/mt ($603.0/mt), RMB 4,236.7/mt ($639.0/mt), RMB 4,085.3/mt ($616.2/mt), RMB 4,211.0/mt ($635.1/mt), RMB 5,316.1/mt ($801.8/mt) and RMB 4,403.3/mt ($664.1/mt), decreasing by RMB 139.9/mt ($21.1/mt), RMB 131.5/mt ($19.8/mt), RMB 88.5/mt ($13.3/mt) and RMB 148.3/mt ($22.4/mt), RMB 23.7/mt ($3.6/mt) and RMB 75.6/mt ($11.4/mt), down 3.4 percent, 3.0 percent, 2.1 percent, 3.4 percent, 0.4 percent and 1.7 percent, respectively, compared to prices in mid-September (September 11-20), as announced by China’s National Bureau of Statistics on October 10.