Medium plate prices drop in local Chinese market

Wednesday, 07 July 2010 13:54:13 (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

4,450

656

-130

Tianjin

Tiangang Steel

4,090

603

-300

Lecong

Shaoguan Steel

4,840

714

-80

Average price

4,460

658

-170

20 mm common carbon medium plate

Q235

Shanghai

Magang

4,080

602

-140

Tianjin

Tiangang Steel

3,800

560

-300

Lecong

Shaoguan Steel

4,360

643

-80

Average price

4,080

602

-173

30 mm common carbon medium plate

Q235B

Shanghai

Magang

4,220

622

-150

Tianjin

Tiangang Steel

3,770

556

-300

Average price

3,995

589

-225

20 mm low alloy medium plate

Q345B

Shanghai

Magang

4,300

634

-120

Tianjin

Tiangang Steel

4,000

590

-300

Average price

4,150

612

-210

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

$1 = RMB 6.78


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