In early August (August 1-10) this year, the average price in China for a 20mm portable HRB 400E decreased by 36.7 million. Yuan (5.1 USD/million) Or 1.1 percent to 3,267.4 yuan/million. USD. United States dollars (457.6 USD/million Tons) compared to the price at the end of July (July 21-31), in accordance with the announced Chinese procurement. In this period, the average prices of wire rod, medium steel plate, hot rolled coil (HRC) and angles decreased by 1.3 percent, 0.1 percent, 0.3 percent and 1.0 percent, respectively, while the average price of trouble-free steel pipes increased by 0.1 percent, compared to the end of July.
$ 1 = RMB 7.1337
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