Average HRB 400 rebar price in China up 3.5 percent in mid-August

In mid-August (August 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 4,457.4/mt ($652.6/mt), RMB 4,608.3/mt ($674.7/mt), RMB 4,475.1/mt ($655.2/mt), RMB 4,414.0/mt ($646.3/mt), RMB 5,339.7/mt ($781.8/mt) and RMB 4,476.7/mt ($655.4/mt), increasing by RMB 150.6/mt ($22.1/mt), RMB 148.6/mt ($21.8/mt), RMB 51.4/mt ($7.5/mt), RMB 36.4/mt ($5.3/mt), RMB 97.4/mt ($14.3/mt) and RMB 98.2/mt ($14.4/mt), i.e., up 3.5 percent, 3.3 percent, 1.2 percent, 0.8 percent, 1.9 percent and 2.2 percent, respectively, compared to prices in early August (August 1-10), as announced by China’s National Bureau of Statistics.