H-beam prices decline in local Chinese market

Tuesday, 08 June 2010 12:06:39 (GMT+3)   |  
 

Product Name

Specification

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Common carbon H-Beam

150 mm x 150 mm

Q235B

Shanghai

Laiwu steel

3,980

583

-40

Beijing

Laiwu steel

3,900

571

-150

Tangshan

Rizhao steel

3,900

571

-100

Average price

3,927

575

-97

200 mm x 200 mm

Shanghai

Maanshan steel

4,000

586

-20

Beijing

Rizhao steel

3,900

571

-150

Tangshan

Rizhao steel

3,900

571

-100

Average price

3,933

576

-90

298 mm x 149 mm

Shanghai

Laiwu steel

4,050

593

-30

Beijing

Laiwu steel

3,900

571

-150

Tangshan

Rizhao steel

3,900

571

-100

Average price

3,950

578

-93

400 mm x 400 mm

Shanghai

Maanshan steel

4,350

637

-50

Beijing

Jinxi steel

4,450

652

-100

Tangshan

Jinxi steel

4,350

637

-100

Average price

4,383

642

-83

450 mm x 200 mm

Shanghai

Maanshan steel

4,050

593

-50

Beijing

Jinxi steel

4,100

600

-100

Tangshan

Jinxi steel

4,100

600

-100

Average price

4,083

598

-83

700 mm x 300 mm

Shanghai

Maanshan steel

4,300

630

-50

Beijing

Jinxi steel

4,380

641

-170

Tangshan

Jinxi steel

4,400

644

-100

Average price

4,360

638

-107

17 percent VAT is included in the above-mentioned prices.

$1 = RMB 6.83


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