Wire rod prices in local Chinese market – week 42

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

3,570

569

-70

Beijing

Hebei Steel

3,650

582

+30

Guangzhou

Shaoguan Steel

4,130

659

+90

Average

-

3,783

603

+17

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

3,580

571

-70

Beijing

Hebei Steel

3,660

584

+40

Guangzhou

Shaoguan Steel

4,150

662

+100

Average

-

3,797

606

+23