Average HRB 400 rebar price in China edges up in late November

In late November (Nov. 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 3,056.8/mt ($443.7/mt), RMB 3,076.8/mt ($446.6/mt), RMB 3,331.2/mt ($483.5/mt), RMB 3,594.1/mt ($521.6/mt), RMB 4,029.4/mt ($584.8/mt) and RMB 3,039.2/mt ($441.1/mt), up RMB 23.9/mt ($3.5/mt), RMB 12.7/mt ($1.8/mt), RMB 78.5/mt ($11.4/mt), RMB 120.8/mt ($17.5/mt), RMB 15.4/mt ($2.2/mt) and RMB 41.1/mt ($6.0/mt), rising by 0.8 percent, 0.4 percent, 2.4 percent, 3.5 percent, 0.4 percent and 1.4 percent, respectively, all compared to prices in mid-November (Nov. 11-20) this year, as announced by China’s National Bureau of Statistics on December 5.