Average HRB 400 rebar price in China up 3.8 percent in early August

In early August (August 1-10) 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 4,015.8/mt ($603.2/mt), RMB 4,095.6/mt ($615.2/mt), RMB 3,875.2/mt ($582.1/mt), RMB 4,102.7/mt ($616.3/mt), RMB 4,786.6/mt ($719.0/mt) and RMB 4,158.0/mt ($624.6/mt), increasing by RMB 147.8/mt ($22.2/mt), RMB 178.6/mt ($26.8/mt), RMB 171.2/mt ($25.7/mt), RMB 193.2/mt ($29.0/mt), RMB 242.7/mt ($36.5/mt), RMB 167.9/mt ($25.2/mt), up by 3.8 percent, 4.6 percent, 4.6 percent, 4.9 percent, 5.3 percent and 4.2 percent, respectively, compared to prices in late July (July 21-30), as announced by China’s National Bureau of Statistics on August 14.