In mid-January (January 11-20) of this year, the average price in China for 20mm HRB 400E rebar increased by 10.9 yuan/ton (US$1.6/ton) or 0.3 percent to 3,202.5 yuan/ton (US$457.5/ton) compared to the price at the beginning January (January 1-10), as announced by the National Bureau of Statistics of China.
During the specified period, all average prices for wire rod, hot-rolled roll (HRC) and corners increased by 0.4 percent, 0.3 percent and 0.1 percent, respectively, the average price for seamless steel pipes decreased by 0.1 percent, while The average price of a medium-sized steel sheet remained stable compared to the beginning of January.
