Wire rod prices in local Chinese market – week 4

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

2,700

434

↓50

Beijing

Hebei Steel

2,360

379

↓80

Guangzhou

Shaoguan Steel

2,800

450

↓80

Average

-

2,620

421

↓70

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

2,700

434

↓50

Beijing

Hebei Steel

2,360

379

↓80

Guangzhou

Shaoguan Steel

2,810

452

↓80

Average

-

2,623

422

↓70