Average HRB 400 rebar price in China up 0.8 percent in late August

In late August (August 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 4,114.6/mt ($628.2/mt), RMB 4,305.1/mt ($657.3/mt), RMB 4,034.0/mt ($615.9/mt), RMB 4,251.0/mt ($649.0/mt), RMB 5,170.0/mt ($789.3/mt) and RMB 4,435.7/mt ($677.2/mt), increasing by RMB 32.6/mt ($5.0/mt), RMB 83.7/mt ($12.8/mt), RMB 60.4/mt ($9.2/mt), RMB 65.7/mt ($10.1/mt), RMB 130.5/mt ($20.0/mt), RMB 68.5/mt ($10.5/mt), up by 0.8 percent, 2.0 percent, 1.5 percent, 1.6 percent, 2.6 percent and 1.6 percent, respectively, compared to prices in mid-August (August 11-20), as announced by China’s National Bureau of Statistics on September 4.