In mid-December (Dec. 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 3,484.9/mt ($502.1/mt), RMB 3,527.6/mt ($508.3 /mt), RMB 3,730.5/mt ($537.5/mt), RMB 4,067.1/mt ($586.0/mt), RMB 4,271.2/mt ($615.4/mt) and RMB 3,506.8/mt ($505.3/mt), up RMB 233.3/mt ($33.6/mt), RMB 275.3/mt ($39.7mt), RMB 218.1/mt ($31.4/mt), RMB 259.8/mt ($37.6/mt), RMB 164.3/mt ($23.8/mt) and RMB 300.8/mt ($43.3/mt), rising by 7.2 percent, 8.5 percent, 6.2 percent, 6.8 percent, 4.0 percent and 9.4 percent, respectively, all compared to prices in early December (Dec. 1-10) this year, as announced by
China’s National Bureau of Statistics on December 26.