Wire Rod Price in China Rises 7.7% to USD 1,482/tonne
Drawing grade wire rod in China reached USD 1,482/tonne on 2026-09-30, up 24.6% over the quarter.
Wire rod, drawing grade (alt feed) in China was priced at USD 1,482/tonne as of 2026-09-30, a weekly rise of 0.5% from USD 1,474/tonne on 2026-09-23. The monthly change stands at 7.7%, up from USD 1,376/tonne on 2026-08-31, and the quarter change is 24.6%, from USD 1,189/tonne on 2026-07-02. Year on year, the price is 52.4% higher than USD 971.97/tonne on 2025-09-30.
The 52-week high is USD 1,510/tonne on 2026-09-18 and the 52-week low is USD 877.24/tonne on 2025-12-24.
Claight market monitoring shows that coking coal supply tightened due to strict safety inspections and low customs clearance for Mongolian coal, driving up coke prices and steel production costs.
Claight market monitoring shows that weekly rebar output fell by 87,200 tonnes to 1.6535 million tonnes as steel mills prioritized more profitable flat steel products. Claight market monitoring also shows that total rebar inventory fell by 435,000 tonnes in the week ending September 24 due to concentrated pre-holiday restocking.