Steel products prices in China turned to downwards again in late June (June 21-30), 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 fell 37.9 yuan/t or 1.0% from ten days earlier to 3705.0 yuan/t during this period.
Prices of wire (HPB 300, 6.5mm) averaged 3,905.9 yuan/t in the same period, dropping 28.0 yuan/t or 0.7% from ten days ago.
Prices of common medium plate (Q235, 20mm) decreased 16.7 yuan/t or 0.4% from the preceding session to 4,061.0 yuan/t.
Hot-rolled plate (Q235, 3mm) declined 18.9 yuan/t or 0.5% to 3,885.5 yuan/t.
Seamless steel tube fell 2.1 yuan/t or 0.04% to 4,674.6 yuan/t.
Angle steel was down 26.7 yuan/t or 0.7% to 4017.1 yuan/t, data showed.
(Writing by Riley Liang Editing by Harry Huo)
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