In early November (November 1-10) this year, the average price in China of 16-25 mm HRB 400 rebar was recorded at RMB 4,027.4/mt ($607.5/mt), up RMB 20.7/mt ($3.1/mt) or 0.5 percent compared to prices in late October (October 20-30).
Meanwhile, the average prices of 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 4,218.4/mt ($636.3/mt), RMB 4,150.4/mt ($626.1/mt), RMB 4,245.9/mt ($640.4/mt), RMB 5,297.9 ($796.4/mt) and RMB 4,379.2/mt ($660.5/mt), decreasing by RMB 1.8/mt ($0.27/mt), RMB 38.1/mt ($5.75/mt), RMB 38.5/mt ($5.81/mt), RMB 32.4/mt ($4.89/mt) and RMB 29.4/mt ($4.43/mt), down 0.043 percent, 0.9 percent, 0.9 percent, 0.6 percent and 0.7 percent, respectively, compared to prices in late October (October 21-30), as announced by China’s National Bureau of Statistics on November 14.
