Average HRB 400 rebar price in China increases in mid-April

In mid-April (April 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, 3 mm Q235 hot rolled sheet, 219 mm x 6 mm seamless pipes and 5 mm x 5 mm angles were recorded at RMB 2,750.1/mt ($429/mt), RMB 2,761.8/mt ($431.5/mt), RMB 2,842.0/mt ($444.1/mt), RMB 2,936.1/mt ($458.8/mt), RMB 3,091.1/mt ($483.0/mt) and RMB 2,684.8/mt ($419.5/mt), up RMB 317.9/mt ($49.7/mt), RMB 284.2/mt ($44.4/mt), RMB 260.0/mt ($40.6/mt), RMB 277.4/mt ($43.3/mt), RMB 196.3/mt ($30.7/mt) and RMB 163.5/mt ($25.5/mt), increasing by 13.1 percent, 11.5 percent, 10.1 percent, 10.2 percent, 6.8 percent and 6.5 percent, respectively, compared to prices in early April (April 1-10) this year, as announced by China’s National Bureau of Statistics.