At the end of October (October 21-31) this year, the average price in China for 20mm HRB 400E rebar increased by 11.8 yuan/ton (US$1.7/ton) or 0.4 percent to 3,122.3 yuan/ton (US$440/ton) compared with the price in the middle October (October 11-20), as announced. according to the National Bureau of Statistics of China.
During the specified period, the average price of wire rod increased by 0.5 percent, while the average prices of medium-thickness steel sheet, hot-rolled roll (HRC), seamless steel pipes and corners decreased by 0.6 percent, 0.2 percent, 0.2 percent and 0.1 percent, respectively, compared with the middle of October.
