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NBS: Regional Chinese rebar rates down 6.6 percent in late June

Gangya Metal959 people have read

In late June (June 21-30) this year, the ordinary price in China of 16-25 mm HRB 400 rebar decreased by RMB 299.4/ mt ($44.7/ mt) or 6.6 percent to RMB 4,204.2/ mt ($627/mt), contrasted to costs in mid-June (June 11-20), as revealed by China's National Bureau of Statistics on July 4. In the ghr coil rateiven duration, the average costs of cord rod, medium plate, warm rolled coil (Gangya metalHRC), smooth steel pipelines as well as angles lowered by 6.4 percent, 6.3 hot dipped galvanized steel coil pricepercent, 6.8 percent, 2.8 percent and 7.1 percent, specifically, all compared to mid-June (June 11-20).

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