Rebar and wire rod prices decrease in local Chinese market

Monday, 10 May 2010 11:46:21 (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

4,300

630

-30

Beijing

Shougang

4,300

630

-180

Guangzhou

Shaoguan Steel

4,600

673

-30

Average

-

4,400

644

-80

HRB335 Rebar

20 mm dia.

HRB335

Shanghai

Haixin

4,150

608

-20

Beijing

Shougang

4,610

675

-100

Guangzhou

Shaoguan Steel

4,450

652

-10

Average

-

4,403

645

-130

HRB400 Rebar

20 mm dia.

HRB400

Shanghai

Rizhao

4,200

615

-20

Beijing

Shougang

4,720

691

-80

Guangzhou

Shaoguan Steel

4,700

688

-60

Average

-

4,540

665

-160

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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