In mid-November (Nov. 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 recorded at RMB 1,976.4/mt ($309.4/mt), RMB 2,079.0/mt ($325.5/mt), RMB 1,971.0/mt ($308.5/mt), RMB 1,968.6/mt ($308.2/mt), RMB 2,746.5/mt ($430.0/mt) and RMB 2,257.2/mt ($353.4/mt), down RMB 42.9/mt ($6.7/mt), RMB 48.7/mt ($7.6/mt), RMB 39.7/mt ($6.2/mt), RMB 40.2/mt ($6.3/mt), RMB 42.1/mt ($6.6/mt) and RMB 34.7/mt ($5.4/mt), decreasing by 2.1 percent, 2.3 percent, 2.0 percent, 2.0 percent, 1.5 percent and 1.5 percent, respectively, compared to prices in early November (Nov. 1-10), as announced by
China’s National Bureau of Statistics on November 24.