Wire rod prices in local Chinese market – week 37

Product Name

Specification

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Wire Rod

8 mm dia.

Q235

Shanghai

Pingxiang

3,320

524

-60

Beijing

Hebei Steel

3,320

524

-60

Guangzhou

Shaoguan Steel

3,610

569

-80

Average

-

3,417

539

-67

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

3,320

524

-60

Beijing

Hebei Steel

3,310

522

-70

Guangzhou

Shaoguan Steel

3,600

568

-90

Average

-

3,410

538

-73