In mid-March (Mar. 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 2,245.7/mt ($345.5/mt), RMB 2,309.5/mt ($355.3/mt), RMB 2,509.3/mt ($386.0/mt), RMB 2,503.1/mt ($385.1/mt), RMB 2,845.2/mt ($437.7/mt) and RMB 2,480.2/mt ($381.6/mt), up RMB 98.8/mt ($15.2/mt), RMB 104.8/mt ($16.1/mt), RMB 99.7/mt ($15.3/mt), RMB 55.4/mt ($8.5/mt), RMB 136.5/mt ($21.0/mt) and RMB 91.7/mt ($14.1/mt), increasing by 4.6 percent, 4.8 percent, 4.1 percent, 2.3 percent, 5.0 percent and 3.8 percent, respectively, compared to prices in early March (Mar. 1-10) this year, as announced by
China’s National Bureau of Statistics on March 24.