Rebar and wire rod prices drop in local Chinese market

Monday, 05 July 2010 13:40:15 (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

3,900

575

-100

Beijing

Shougang

3,860

569

-110

Guangzhou

Shaoguan Steel

3,950

583

-120

Average

-

3,903

576

-110

HRB335 Rebar

20 mm dia.

HRB335

Shanghai

Haixin

3,700

546

-80

Beijing

Shougang

3,950

583

-100

Guangzhou

Shaoguan Steel

3,900

575

-80

Average

-

3,850

568

-87

HRB400 Rebar

20 mm dia.

HRB400

Shanghai

Rizhao

3,730

550

-80

Beijing

Shougang

4,000

590

-150

Guangzhou

Shaoguan Steel

4,200

619

Average

-

3,977

587

-77

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 6.78


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