In mid-September this year, the average price in China of 16-25 mm HRB 400 rebar increased by RMB 85.8/mt ($12.2/mt) or 2.7 percent to RMB 3,240.7/mt ($460/mt), compared to the price in early September (September 1-10), as announced by China’s National Bureau of Statistics. In the given period, the average prices of wire rod, medium plate, hot rolled coil (HRC), and angles rose by 2.3 percent, 0.5 percent, 1.0 percent, and 0.2 percent, respectively, while the average price of seamless steel pipes decreased by 0.2 percent, all compared to early September.
NBS: Local Chinese rebar prices up 2.7 percent in mid-Sept
Eunice Ouyang
EditorI graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.
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