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 and 3 mm Q235 hot rolled sheet were respectively recorded at RMB 3,829.6/mt ($609.3/mt), RMB 3,989.4/mt ($634.7/mt), RMB 4,242.4/mt ($675.0/mt) and RMB 4,105.7/mt ($653.3/mt), up RMB 31.2/mt ($7.0/mt), RMB 53.8/mt ($8.6/mt), RMB 41.9/mt ($6.7/mt) and RMB 35.7/mt ($5.7/mt), i.e., increasing by 0.8 percent, 1.4 percent, 1.0 percent and 0.9 percent, respectively, compared to prices in early April (April 1-10), as announced by China’s National Bureau of Statistics on April 24.
In the given period, the average prices in China of 219 mm x 6 mm seamless pipes and 5 mm x 5 mm angles were recorded at RMB 5,241.8/mt ($834.0/mt) and RMB 4,311.8/mt ($686.1/mt), down by RMB 23.4/mt ($3.7/mt) and RMB 6.5/mt ($1.0/mt), i.e., decreasing by 0.4 percent and 0.2 percent respectively, compared to the average prices in early April (April 1-10).