Wire rod prices in local Chinese market – week 6

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Wire Rod

8 mm dia.

Q235

Shanghai

Pingxiang

2,520

403

↓100

Beijing

Hebei Steel

2,350

375

↓10

Guangzhou

Shaoguan Steel

2,650

423

↓80

Average

-

2,507

400

↓63

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

2,520

403

↓100

Beijing

Hebei Steel

2,350

375

↓10

Guangzhou

Shaoguan Steel

2,660

425

↓80

Average

-

2,510

401

↓63