In early November (November 1-10) this year, the average prices in China of 16-25 mm HRB 400 rebar and 6.5 mm HPB 300 wire rod were recorded at RMB 2,950.9/mt ($480.6/mt) and RMB 3,016.7/mt ($491.3/mt), up RMB 19.9/mt ($3.2/mt) and RMB 8.9/mt ($1.4/mt), indicating respective increases of 0.7 percent and 0.3 percent, compared to prices in late October (October 21-31), as announced by China's National Bureau of Statistics on November 14.
During the given period, the average prices of 20 mm Q235 common medium plate, 3 mm Q235 hot rolled sheet, 219 mm x 6 mm seamless pipe and 5 mm x 5 mm angles in China were recorded at RMB 3,047.4/mt ($496.3/mt), RMB 3,132.9/mt ($510.2), RMB 3,759.1/mt ($612.2) and RMB 3,135.4/mt (510.7), down RMB 26.7/mt ($4.3/mt), RMB 20.9/mt ($3.4/mt), RMB 15.7/mt ($2.6/mt) and RMB 13.4/mt ($2.2/mt), decreasing respectively by 0.9 percent, 0.7 percent, 0.4 percent and 0.4 percent, compared to prices in late October.