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    Chinese steel prices see mixed trends in late Oct, NBS

    sxcoal.com Price,  Steel Products 2023-11-07 08:56:24

    Steel products prices in China saw both rises and falls in late October (October 21-31), showed the latest data from the National Bureau of Statistics (NBS).

     

    The average price of construction steel rebar (HRB 400, 20mm) at 25 major cities in China rose 43.3 yuan/t or 1.2% from ten days earlier to 3,722.7 yuan/t during this period.

     

    Prices of wire (HPB 300, 6.5mm) averaged 3,917.1 yuan/t in the same period, up 43.4 yuan/t or 1.1% from ten days ago.

     

    Prices of common medium plate (Q235, 20mm) stood at 3,811.1 yuan/t, 19.5 yuan/t or 0.5% lower than the preceding session.

     

    Hot-rolled plate (Q235, 3mm) increased 4.5 yuan/t or 0.1% to 3,836.7 yuan/t.

     

    Seamless steel tube declined 27.2 yuan/t or 0.6% to 4,566.9 yuan/t.

     

    Angle steel climbed 32.1 yuan/t or 0.8% to 3,960.5 yuan/t, data showed.

     

    (Writing by Riley Liang  Editing by Emma Yang)
    For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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