You are here: Home > Steel News > Latest Steel News > NBS:...

NBS: Local Chinese rebar prices down 4.7% in late October

Monday, 04 November 2024 09:39:40 (GMT+3)   |   Shanghai
       

In late October this year, the average price in China of 16-25 mm HRB 400 rebar decreased by RMB 174.9/mt ($24.5/mt) or 4.7 percent to RMB 3,530.5/mt ($496/mt), compared to the price in mid-October (October 11-20), as announced by Chinas National Bureau of Statistics.

In the given period, the average prices of wire rod, medium plate, hot rolled coil (HRC), seamless steel pipes and angles decreased by 5.0 percent, 2.6 percent, 2.2 percent, 1.9 percent and 2.3 percent, respectively, all compared to mid-October.

$1 = RMB 7.1203


Similar articles

Southern European longs market stable, shutdowns expected

21 Nov | Longs and Billet

Turkish domestic rebar spot prices fall below $600/mt

21 Nov | Longs and Billet

Major steel and raw material futures prices in China – November 21, 2024 

21 Nov | Longs and Billet

Turkey’s Kardemir closes its rebar sales

21 Nov | Longs and Billet

Shagang Group cuts local rebar prices by $21/mt for late November

21 Nov | Longs and Billet

US rebar exports down 2.4 percent in September from August

20 Nov | Steel News

US rebar imports down 65.3 percent in September from August

20 Nov | Steel News

Major steel and raw material futures prices in China – November 20, 2024 

20 Nov | Longs and Billet

Mexico's rebar consumption down 29 percent in September

20 Nov | Steel News

China’s rebar output down 14.3 percent in January-October

20 Nov | Steel News