Wire rod prices in local Chinese market – week 5

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

2,620

419

↓80

Beijing

Hebei Steel

2,360

377

0

Guangzhou

Shaoguan Steel

2,730

436

↓70

Average

-

2,570

411

↓50

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

2,620

419

↓80

Beijing

Hebei Steel

2,360

377

0

Guangzhou

Shaoguan Steel

2,740

438

↓70

Average

-

2,573

411

↓50