Domestic long steel prices in China
Long steel prices continued their downfall in Shanghai and Beijing on the last they of the year. On Saturday, the prices in the three markets were as follows:6.5 mm diameter Q235 wire rod Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Pingxiang 3,030 375 -30 Beijing Shougang 2,870 356 Guangzhou Shaougan Steel 3,090 383
12 mm diameter HRB335 rebar Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Hubao 2,810 348 Beijing Shougang 2,880 357 -20 Guangzhou Shaoguan 3,290 408
20 mm diameter HRB335 rebar Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Hubao 2,810 348 Beijing Shougang 2,790 346 -20 Guangzhou Tangsteel 3,110 385
12 mm diameter HRB400 rebar Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Masteel 3,150 390 -20 Beijing Shougang 2,980 369 -30 Guangzhou Masteel 3,400 421
20 mm diameter HRB400 rebar Market Origin Price Daily Change (RMB) (US$) (RMB) Shanghai Masteel 3,040 377 -10 Beijing Shougang 2,930 363 Guangzhou Masteel 3,250 403Rebar 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