Wire rod prices in local Chinese market – week 34

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

3,040

494

-10

Beijing

Hebei Steel

3,040

494

-20

Guangzhou

Shaoguan Steel

3,280

533

-20

Average

-

3,120

507

-10

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

3,010

489

-40

Beijing

Hebei Steel

3,050

496

-30

Guangzhou

Shaoguan Steel

3,250

528

-30

Average

-

3,103

505

-34