Rebar and wire rod prices drop in local Chinese market

Monday, 07 June 2010 12:11:34 (GMT+3)   |  
       

 

Product Name

Specification

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

4,040

592

-40

Beijing

Shougang

4,000

586

Guangzhou

Shaoguan Steel

4,160

609

-110

Average

-

4,067

595

-50

HRB335 Rebar

20 mm dia.

HRB335

Shanghai

Haixin

3,820

559

-40

Beijing

Shougang

4,140

606

-60

Guangzhou

Shaoguan Steel

4,040

592

-160

Average

-

4,000

586

-87

HRB400 Rebar

20 mm dia.

HRB400

Shanghai

Rizhao

3,850

564

-30

Beijing

Shougang

4,230

619

-70

Guangzhou

Shaoguan Steel

4,320

633

-130

Average

-

4,133

605

-77

Rebar prices in Shanghai are on theoretical weight basis, while all other prices are on actual weight basis.

All prices include 17 percent VAT.

$1 = RMB 6.83


Similar articles

Romanian mill cuts rebar prices amid very slow demand, traders’ offers stable

25 Apr | Longs and Billet

Saudi Arabia’s Hadeed once again keeps offers stable for May

25 Apr | Longs and Billet

Bulgarian longs market moves down amid sluggish demand

25 Apr | Longs and Billet

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

Turkish longs mills try to avoid export discounts, sales challenging

24 Apr | Longs and Billet

Local Chinese longs prices rise further, but at slower pace

22 Apr | Longs and Billet

Romania's longs spot prices decrease due to lack of trade

18 Apr | Longs and Billet

ArcelorMittal raises longs prices in Europe, production halts expected in Italy

18 Apr | Longs and Billet

China’s rebar output decreases by 9.5 percent in Q1

18 Apr | Steel News

Turkish longs exports silent, prices soft

17 Apr | Longs and Billet