Daily construction steel product price briefing in Shanghai, Beijing, Tianjin and Guangzhou

In Shanghai, construction steel market continues dropping. Second grade large scale rebar is priced at 4180-4190 yuan/tonne; other large scale rebar, at 4170-4180 yuan/tonne. Third grade large scale rebar is quoted at 4270-4360 yuan/tonne. Common carbon wire rod stays at 4260-4270 yuan/tonne; high-speed wire rod, at 4280-4290 yuan/tonne. Round steel keeps flat.

In Beijing, construction steel market dips. High-speed wire by HBIS posts at 4080 yuan/tonne. Second grade large scale rebar made by Heibei Steel stands at 4080 yuan/tonne. Third grade large scale rebar posts at 4230 yuan/tonne. Coiled rebar is 4240 yuan/tonne.

In Tianjin, construction steel market remains stable. The second grade large scale rebar made by Heibei Steel posts at 4100 yuan/tonne; third grade large scale rebar stands at 4200 yuan/tonne. Coiled rebar is out of stock at 4200-4220 yuan/tonne. High-speed wire rod made by Jiujiang posts at 4120 yuan/tonne.

In Guangzhou, construction steel market keeps flat amid weakness. High-speed wire rod posts at 4650 yuan/tonne by Shaogang, 4580 yuan/tonne by Guanggang and 4490 yuan/tonne by Yuegang. Second rebar stands at 4640 yuan/tonne by Shaogang and 4580 yuan/tonne by Guanggang, 4520 yuan/tonne by Xianggang and Yuegang. Third grade rebar stands at 4740 yuan/tonne by Shaogang.