Domestic wire rod prices in China
As of August 15, 2003 local prices for wire rods of regular grade Q235 with 6.5mm diameter were as follows in China:Shanghai region - RMB 3'000/mt ($368/mt) Guangzhou region - RMB 3'050/mt ($381/mt) Beijing region - RMB 3'200/mt ($387/mt)A slight decrease of around RMB 50/mt ($6/mt) and RMB 100/mt ($12/mt) is observed in the Shanhghai and Guangzhou regions respectively compared to the price levels of early August. Prices in the Beijing region remains unchanged.