In early May (May. 1-10) 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 3,557.1/mt ($515.5/mt), RMB 3,575.0/mt ($518.1/mt), RMB 3,319.8/mt ($481.1/mt), RMB 3,277.3/mt ($475.0/mt), RMB 4,362.0/mt ($632.2/mt) and RMB 3,575.2/mt ($518.1/mt), up RMB 174.3/mt ($25.3/mt), RMB 149.1/mt ($21.6mt), RMB 62.0/mt ($8.9/mt), RMB 74.9/mt ($10.9/mt), RMB 9.2/mt ($1.3/mt) and RMB 106.6/mt ($15.4/mt), increasing by 5.2 percent, 4.4 percent, 1.9 percent, 2.3 percent, 0.2 percent and 3.1 percent, respectively, all compared to prices in late April (Apr. 21-30), as announced by
China’s National Bureau of Statistics on May 15.