In late May (May. 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 2,206.5/mt ($336.4/mt), RMB 2,363.9/mt ($360.4/mt), RMB 2,510.7/mt ($382.7/mt), RMB 2,669.5/mt ($406.9/mt), RMB 3,063.3/mt ($467.0/mt) and RMB 2,557.8/mt ($390.0/mt), down RMB 226.5/mt ($34.5/mt), RMB 199.7/mt ($30.4/mt), RMB 154.7/mt ($23.6/mt), RMB 121.4/mt ($18.5/mt), RMB 112.0/mt ($17.1/mt) and RMB 86.4/mt ($13.2/mt), decreasing by 9.3 percent, 7.8 percent, 5.8 percent, 4.3 percent, 3.5 percent and 3.3 percent, respectively, compared to prices in mid-May (May. 11-20) this year, as announced by
China’s National Bureau of Statistics on June 6.