According to data from NBS (National Bureau of Statistics), in 25 major cities, 6.5 mm thick wire rod (HPB 300) prices decreased by 38.1 yuan/t compared to ten days ago, averaging 4,116.6 yuan/t ($581) over the period. ) was recorded as.
Looking at China's wire rod exports in 2023, there was an increase of 26% on an annual basis and reached 2.43 million mt. On a monthly basis, the country's wire rod exports remained flat only in December 2023. In addition, wire rod production decreased by 0.2% on an annual basis in 2023 and was recorded at 137 million mt.
The average price for rebar (HRB 400, 20 mm) decreased by 1.2% from ten days ago to 3,905.7 yuan/t ($550).
Medium plate prices (Q235, 20 mm) averaged 4,084.2 yuan/t, a decrease of 0.3% compared to the previous session.
Hot rolled plate prices (Q235, 3 mm) decreased by 1.0% to 4,050.5 yuan/t ($571), down 39.0 yuan/t.
Seamless steel pipe prices increased by 9.7 yuan/t or 0.2% to 4,603.5 yuan/t ($649). Angle steel prices decreased by 50.0 yuan/t or 1.2% to 4,163.2 yuan/t ($587).
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