Rebar and wire rod prices increase in local Chinese market

Monday, 26 July 2010 13:55:05 (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

4,000

590

+160

Beijing

Shougang

4,100

605

+240

Guangzhou

Shaoguan Steel

4,170

615

+190

Average

-

4,090

603

+197

HRB335 Rebar

20 mm dia.

HRB335

Shanghai

Haixin

3,750

553

+150

Beijing

Shougang

4,080

602

+210

Guangzhou

Shaoguan Steel

4,150

612

+200

Average

-

3,993

589

+187

HRB400 Rebar

20 mm dia.

HRB400

Shanghai

Rizhao

3,790

559

+150

Beijing

Shougang

3,970

586

+220

Guangzhou

Shaoguan Steel

4,400

649

+170

Average

-

4,053

598

+180

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 6.78


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