Wire rod prices in local Chinese market – week 22

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Wire Rod

8 mm dia.

Q235

Shanghai

Pingxiang

3,280

534

-140

Beijing

Hebei Steel

3,470

565

-80

Guangzhou

Shaoguan Steel

3,630

591

-70

Average

-

3,460

564

-97

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

3,280

534

-140

Beijing

Hebei Steel

3,480

567

-70

Guangzhou

Shaoguan Steel

3,660

596

-70

Average

-

3,473

566

-93