Domestic long steel prices in China
Long steel prices started picking up in Beijing, while decreased slightly in Shanghai today. In Shanghai, Beijing and Guangzhou, 6.5 mm diameter Q235 wire rod is old at RMB 3,020/mt ($374) in average, up RMB 7/mt from Friday; 20 mm diameter HRB335 is at RMB 2,933/mt ($363) up RMB 6/mt, and 20 mm diameter HRB400 rebar is at RMB 3,100/mt ($384) down RMB 3/mt. The price details in the three markets are as follows:6.5 mm diameter Q235 wire rod Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Pingxiang 3,080 382 Beijing Shougang 2,850 353 +20 Guangzhou Shaougan Steel 3,130 388
12 mm diameter HRB335 rebar Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Hubao 2,860 354 -10 Beijing Shougang 2,920 362 +20 Guangzhou Shaoguan 3,320 411
20 mm diameter HRB335 rebar Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Hubao 2,860 354 -10 Beijing Shougang 2,830 351 +30 Guangzhou Tangsteel 3,110 385
12 mm diameter HRB400 rebar Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Masteel 3,200 397 -20 Beijing Shougang 3,010 373 +10 Guangzhou Masteel 3,430 425 -30
20 mm diameter HRB400 rebar Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Masteel 3,110 385 -10 Beijing Shougang 2,930 363 +10 Guangzhou Masteel 3,260 404 -10Rebar prices in Shanghai are on theoretical weight basis and others are on actual weight basis. All prices include 17 percent VAT. RMB 8.07 = $1