Wire rod prices in local Chinese market – week 25

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

3,330

543

+50

Beijing

Hebei Steel

3,340

545

-130

Guangzhou

Shaoguan Steel

3,580

584

-50

Average

-

3,417

557

-43

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

3,330

543

+50

Beijing

Hebei Steel

3,350

546

-130

Guangzhou

Shaoguan Steel

3,600

587

-60

Average

-

3,427

559

-47