In late July (July 21-31) 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 2,391.1/mt ($360.6/mt), RMB 2,451.3/mt ($369.7/mt), RMB 2,585.3/mt ($389.9/mt), RMB 2,710.9/mt ($408.9/mt), RMB 2,959.8 /mt ($446.4/mt) and RMB 2,589.1/mt ($390.5/mt), down RMB 34.1/mt ($5.1/mt) and RMB 48.5/mt ($7.3/mt), while increasing by RMB 13.1/mt ($2.0/mt), RMB 9.6/mt ($1.4/mt), RMB 22.1/mt ($3.3/mt) and RMB 2.3/mt ($0.3/mt), down 1.4 percent and 1.9 percent, while rising by 0.5 percent, 0.4 percent, 0.8 percent and 0.1 percent, respectively, all compared to prices in mid-July (July 11-20) this year, as announced by
China’s National Bureau of Statistics on August 4.