In late June (June 21-30) this year, the average prices in China of 16-25 mm HRB 400 rebar and 6.5 mm HPB 300 wire rod were recorded at RMB 3,683.8/mt ($541.9/mt) and RMB 3,665.9/mt ($539.3/mt), decreasing by RMB 2.9/mt ($0.43/mt) and RMB 2.8/mt ($0.41/mt) respectively, both down by 0.1 percent, compared to prices in mid-June (June 11-20), as announced by China’s National Bureau of Statistics on July 4.
Meanwhile, in late June the average prices in China of 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 3,456.4/mt ($508.45/mt), RMB 3,616.9/mt ($532.1/mt), RMB 4,405.8/mt ($648.1/mt) and RMB 3,802.7/mt ($559.4/mt), up by RMB 63.4/mt ($9.3/mt), RMB 128.4/mt ($18.9/mt), RMB 86.8/mt ($12.8/mt) and RMB 57.7/mt ($8.5/mt), rising by 1.9 percent, 3.7 percent, 2.0 percent and 1.5 percent, respectively, compared to prices in mid-June.