In mid-July (July 11-20) this year, the average prices in China of 16-25 mm HRB 400 rebar, 6.5 mm HPB 300 wire rod, 3 mm Q235 hot rolled sheet, 219 mm x 6 mm seamless pipes and 5 mm x 5 mm angles were respectively recorded at RMB 4,114.1/mt ($605.1/mt), RMB 4,306.0/mt ($633.3/mt), RMB 4,329.0/mt ($636.6/mt), RMB 5,185.1/mt ($762.5/mt) and RMB 4,292.6/mt ($631.3/mt), increasing by RMB 63.7/mt ($9.4/mt), RMB 49.1/mt ($7.2/mt), RMB 12.0/mt ($1.8/mt), RMB 7.6/mt ($1.1/mt) and RMB 26.5/mt ($3.9/mt), i.e., up 1.6 percent, 1.2 percent, 0.3 percent, 0.1 percent and 0.6 percent, respectively, compared to prices in early July (July 1-10), as announced by China’s National Bureau of Statistics.
Meanwhile, in mid-July the average price in China of 20 mm Q235 common medium plate was recorded at RMB 4,366.1/mt ($642.1/mt), down by 14.4/mt ($2.1/mt) or 0.3 percent compared to prices in early July.