In early September (September 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, 5 mm x 5 mm angles and 219 mm x 6 mm seamless pipes were recorded at RMB 2,524.1/mt ($378.5/mt), RMB 2,605.6/mt ($390.8/mt), RMB 2,741.3/mt ($410.4/mt), RMB 2,945.6/mt ($441.8/mt), RMB 2,770.8/mt ($415.5/mt) and RMB 3,334.3/mt ($500.0/mt), down RMB 23.1/mt ($3.5 /mt), RMB 1.9/mt ($0.3/mt), RMB 22.9/mt ($3.4/mt), RMB 9.7/mt ($1.5/mt) and RMB 14.5/mt ($2.2/mt) and up RMB 21.4/mt ($3.2/mt), down 0.9 percent, 0.1 percent, 0.8 percent, 0.3 percent, 0.5 percent and rising by 0.6 percent, respectively, all compared to prices in late August (August 21-31) this year, as announced by
China’s National Bureau of Statistics on September 14.