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NBS: Neighborhood Chinese rebar rates down 4.6 percent in mid-June

Gangya Metal369 people have read

In mid-June (June 11-20) this yestainless steel 410 coilar, the ordinary price in China of 16-25 mm HRB 400 rebar decreased by RMB 218.8/ mt ($ 32.7/ mt) or 4.6 percent to RMB 4,502.6/ mt ($ 672/mt), compared to rates in early June (June 1-10), as introduced by China's National wholesale ss 304 stainless steel coil priceBureau of Stats on June 24. In the given duration, the ordinary rates of cord rod, medium plate, hot rolled coil (HRC), seamless steel pipes and also angles reduced by 3.8 percent, 2.5 percent, 3.7 percent, 0.8 percent as well as 3.1 percent, rGangya steelespectively, all contrasted to early June (June 1-10).$ 1 = RMB 6.70

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