In mid-March (March 11-20) of this year, the average price in China for 20mm HRB 400E rebar increased by 26.4 yuan/ton ($3.8/ton) or 0.8 percent to 3,189.1 yuan/ton ($462/ton) compared to the price in early March (March 1-10), as announced by the National Bureau of China. Statistics.
During the specified period, the average prices for wire rod, medium steel sheet, hot-rolled roll (HRC), seamless steel pipes and corners increased by 1.0 percent, 1.0 percent, 1.2 percent, 0.3 percent and 1.9 percent, respectively, compared with the beginning of March.
