Wire rod prices in local Chinese market – week 22

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

3,420

559

-50

Beijing

Hebei Steel

3,550

580

20

Guangzhou

Shaoguan Steel

3,700

605

-40

Average

-

3,557

581

-23

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

3,420

559

-60

Beijing

Hebei Steel

3,550

580

20

Guangzhou

Shaoguan Steel

3,730

609

-30

Average

-

3,567

583

-23