Wire rod prices in local Chinese market - week 16

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

2,400

386

↓100

Beijing

Hebei Steel

2,500

402

↓50

Guangzhou

Shaoguan Steel

2,680

431

↓20

Average

-

2,527

406

↓57

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

2,400

386

↓100

Beijing

Hebei Steel

2,500

402

↓50

Guangzhou

Shaoguan Steel

2,700

434

↓20

Average

-

2,533

407

↓57