Average HRB 400 rebar price in China up 1.6 percent in mid-June

In mid-June (June 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 respectively recorded at RMB 4,135.4/mt ($636.4/mt), RMB 4,324.5/mt ($665.3/mt), RMB 4,460.4/mt ($686.2/mt), RMB 4,392.5/mt ($675.8/mt), RMB 5,225.6/mt ($803.9/mt) and RMB 4,300.9/mt ($661.7/mt), increasing by RMB 63.4/mt ($9.8/mt), RMB 62.6/mt ($9.6/mt), RMB 1.3/mt ($0.2/mt), RMB 18.7/mt ($2.9/mt), RMB 6.7/mt ($1.03/mt) and RMB 0.2/mt ($0.03/mt), i.e., up 1.6 percent, 1.5 percent, 0.0 percent, 0.4 percent, 0.1 percent and 0.0 percent, respectively, compared to prices in early June (June 1-10), as announced by China’s National Bureau of Statistics.