In late April (April 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 and 3 mm Q235 hot rolled sheet were respectively recorded at RMB 3,945.5/mt ($626.3/mt), RMB 4,121.2/mt ($654.2/mt), RMB 4,331.9/mt ($687.6/mt) and RMB 4,201.9/mt ($667.0/mt), up RMB 115.9/mt ($18.4/mt), RMB 131.8/mt ($21.0/mt), RMB 89.5/mt ($14.2/mt) and RMB 96.2/mt ($15.3/mt), i.e., increasing by 3.0 percent, 3.3 percent, 2.1 percent and 2.3 percent, respectively, compared to prices in mid-April (April 11-20), as announced by China’s National Bureau of Statistics on May 4.
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 5,235.7/mt ($831.1/mt) and RMB 4,304.7/mt ($683.3/mt), down by RMB 6.1/mt ($0.97/mt) and RMB 7.1/mt ($1.1/mt), i.e., decreasing by 0.1 percent and 0.2 percent respectively, compared to the average prices in mid-April (April 11-20).