Average HRB 400 rebar price in China up 2.3 percent in mid-July

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, 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 3,843.8/mt ($565.3/mt), RMB 3,852.7/mt ($566.6/mt), RMB 3,679.6/mt ($541.1/mt), RMB 3,878.4/mt ($570.4/mt), RMB 4,489.9/mt ($660.3/mt) and RMB 3,943.8/mt ($580.0/mt), increasing by RMB 87.2/mt ($12.8/mt), RMB 112.3/mt ($16.5/mt), RMB 117.8/mt ($17.3/mt), RMB 132.6/mt ($19.5/mt), RMB 21.7/mt ($3.2/mt), RMB 56.7/mt ($8.3/mt), up by 2.3 percent, 3.0 percent, 3.3 percent, 3.5 percent, 0.5 percent and 1.5 percent, respectively, compared to prices in early (July 1-10), as announced by China’s National Bureau of Statistics on July 24.