Wire rod prices in local Chinese market – week 40

Product Name

Specification

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Wire Rod

8 mm dia.

Q235

Shanghai

Pingxiang

3,570

568

-10

Beijing

Hebei Steel

3,570

568

+40

Guangzhou

Shaoguan Steel

3,950

628

+20

Average

-

3,697

588

+17

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

3,580

569

-20

Beijing

Hebei Steel

3,580

569

+40

Guangzhou

Shaoguan Steel

3,970

631

+20

Average

-

3,710

590

+13