Rebar and wire rod prices drop in local Chinese market

Monday, 14 June 2010 14:07:49 (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

4,000

586

-40

Beijing

Shougang

3,920

574

-80

Guangzhou

Shaoguan Steel

4,070

596

-90

Average

-

3,997

585

-70

HRB335 Rebar

20 mm dia.

HRB335

Shanghai

Haixin

3,790

555

-30

Beijing

Shougang

4,020

589

-120

Guangzhou

Shaoguan Steel

3,980

583

-60

Average

-

3,930

575

-70

HRB400 Rebar

20 mm dia.

HRB400

Shanghai

Rizhao

3,820

559

-30

Beijing

Shougang

4,100

600

-130

Guangzhou

Shaoguan Steel

4,200

615

-120

Average

-

4,040

592

-93

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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