Wire rod prices in local Chinese market – week 9

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

3,200

525

-40

Beijing

Hebei Steel

3,180

522

-20

Guangzhou

Shaoguan Steel

3,330

547

-50

Average

-

3,237

531

-37

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

3,200

525

-40

Beijing

Hebei Steel

3,180

522

-20

Guangzhou

Shaoguan Steel

3,320

545

-60

Average

-

3,233

531

-40