Billet prices in local Chinese market – week 31

Tuesday, 31 July 2012 13:51:26 (GMT+3)   |  
       

 

Product Name

Specification

Category

City

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Billet

150 mm x 150 mm

Q195-Q235

Tangshan

3,270

513

-30

Jinzhong

3,300

518

0

Fuzhou

3,500

549

-50

Jiangyin

3,430

538

-20

Average price

3,375

530

-25

Billet

150 mm x 150 mm

20 MnSi

Tangshan

3,430

538

-20

Jinzhong

3,450

542

-70

Fuzhou

3,600

565

-50

Jiangyin

3,480

546

-20

   

Average price

3,490

548

-40

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

$1 = RMB 6.37


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