Medium plate prices drop in local Chinese market

Wednesday, 09 June 2010 12:05:53 (GMT+3)   |  
 

Product Name

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change(RMB/mt)

8 mm common carbon medium plate

Q235B

Shanghai

Xinyu Steel

4,600

673

-100

Tianjin

Tiangang Steel

4,540

665

-100

Lecong

Shaoguan Steel

5,030

736

-50

Average price

4,723

692

-83

20 mm common carbon medium plate

Q235

Shanghai

Magang

4,300

630

-100

Tianjin

Tiangang Steel

4,250

622

-100

Lecong

Shaoguan Steel

4,550

666

-50

Average price

4,367

639

-83

30 mm common carbon medium plate

Q235B

Shanghai

Magang

4,450

652

-50

Tianjin

Tiangang Steel

4,220

618

-100

Average price

4,335

635

-75

20 mm low alloy medium plate

Q345B

Shanghai

Magang

4,500

659

-80

Tianjin

Tiangang Steel

4,450

652

-100

Average price

4,475

655

-90

All prices are on theoretical weight basis and 17% VAT is included.

$1 = RMB 6.83


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