Billet prices in local Chinese market – week 11

Tuesday, 11 March 2014 14:38:23 (GMT+3)   |   Shanghai
       

 

Product Name

Spec.

Category

City

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Billet

150 mm x 150 mm

Q195-Q235

Tangshan

2,880

469

-50

Jinzhong

2,880

469

-50

Fuzhou

3,000

489

-20

Jiangyin

3,070

500

-70

Average price

2,958

482

-48

Billet

150 mm x 150 mm

20 MnSi

Tangshan

3,050

497

-50

Jinzhong

3,000

489

-50

Fuzhou

3,100

505

-50

Jiangyin

3,120

508

-80

   

Average price

3,068

500

-58

The prices are on actual weight basis and 17 percent VAT is included in all prices.

$1 = RMB 6.14           

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