In mid-May (May. 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 2,433.0/mt ($370.9/mt), RMB 2,563.6/mt ($390.8/mt), RMB 2,655.4/mt ($404.8/mt), RMB 2,790.9/mt ($425.4/mt), RMB 3,175.3/mt ($484.0/mt) and RMB 2,644.2/mt ($403.1/mt), down RMB 325.8/mt ($49.7/mt), RMB 289.8mt ($44.2/mt), RMB 220.5/mt ($33.6/mt), RMB 253.7/mt ($38.7/mt), RMB 168.0/mt ($25.6/mt) and RMB 159.9/mt ($24.4/mt), decreasing by 11.8 percent, 10.2 percent, 7.6 percent, 8.3 percent, 5.0 percent and 5.7 percent, respectively, compared to prices in early May (May. 1-10) this year, as announced by
China’s National Bureau of Statistics.