Wire rod prices in local Chinese market - week 11

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

2,470

394

↓50

Beijing

Hebei Steel

2,270

362

↓50

Guangzhou

Shaoguan Steel

2,550

407

↓30

Average

-

2,430

388

↓43

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

2,470

394

↓50

Beijing

Hebei Steel

2,270

362

↓50

Guangzhou

Shaoguan Steel

2,570

410

↓30

Average

-

2,437

389

↓43