In late May (May 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, 3 mm Q235 hot rolled sheet, 219 mm x 6 mm seamless pipes and 5 mm x 5 mm angles were recorded at RMB 3,818.4/mt ($561.5/mt), RMB 3,796.7/mt ($558.3/mt), RMB 3,435.4/mt ($505.2/mt), RMB 3,431.4/mt ($504.6/mt), RMB 4,314.5/mt ($634.5/mt) and RMB 3,711.5/mt ($545.8/mt), increasing by RMB 152.1/mt ($22.4/mt), RMB 139.3/mt ($20.5/mt), RMB 105.6/mt ($15.5/mt), RMB 144.0/mt ($21.2/mt), RMB 4.7/mt ($0.69/mt) and RMB 85.8/mt ($12.6/mt), up 4.1 percent, 3.8 percent, 3.2 percent, 4.4 percent, 0.1 percent and 2.4 percent, respectively, all compared to prices in mid-May (May 11-20), as announced by
China’s National Bureau of Statistics on June 5.