Rebar and wire rod prices decrease in local Chinese market

Thursday, 06 May 2010 11:35:54 (GMT+3)   |  
       

 

Product Name

Specification

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

4,330

634

-90

Beijing

Shougang

4,480

656

-140

Guangzhou

Shaoguan Steel

4,630

678

-40

Average

-

4,480

656

-90

HRB335 Rebar

20 mm dia.

HRB335

Shanghai

Haixin

4,170

611

-60

Beijing

Shougang

4,710

690

-50

Guangzhou

Shaoguan Steel

4,460

653

-40

Average

-

4,447

651

-50

HRB400 Rebar

20 mm dia.

HRB400

Shanghai

Rizhao

4,220

618

-230

Beijing

Shougang

4,800

703

-50

Guangzhou

Shaoguan Steel

4,760

697

-40

Average

-

4,593

673

-107

Rebar prices in Shanghai are on theoretical weight basis, while all other prices are on actual weight basis.

All prices include 17 percent VAT.

$1 = RMB 6.83


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