Recent debar prices in Chinese local market
Deformed reinforcing bar prices in China were as follows as of August 25, 2003. All below prices are given standard Q195 grade material.
Shanghai region – Dia 12 mm : RMB 3'030/mt ($366/mt)
Dia 25 mm : RMB 2'930/mt ($354/mt)
Guangzhou region - Dia 12 mm : RMB 3'120/mt ($377/mt)
Dia 25 mm : RMB 3'050/mt ($369/mt)
Beijing region - Dia 12 mm : RMB 3'350/mt ($405/mt)
Dia 25 mm : RMB 3'150/mt ($381/mt) Prices have maintained their mid-August levels in Guangzhou region while an increase of RMB 80/mt ($10/mt) in Shanghai for both diameters is observed. 12 mm diameter debar prices have increased by RMB 170/mt ($21/mt) in Beijing and RMB 100/mt ($12/mt) increase is seen in the prices of 25 mm diameter material.