Section steel prices in local Chinese market – week 10

Monday, 03 March 2014 11:59:17 (GMT+3)   |   Shanghai
       

 

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Angle

50 mm x 50 mm x 5 mm

Q235

Shanghai

Masteel

3,550

577

0

Beijing

Tangshan

3,040

494

0

Tangshan

Tangshan

3,150

512

-30

Tianjin

Zhaobo

3,370

548

-30

Guangzhou

Tongsteel

3,400

553

-30

Average

3,302

537

-18

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,450

561

0

Beijing

Xuangang

3,200

520

0

Tangshan

Tangshan

3,220

524

-20

Tianjin

Jiangtian

3,150

512

-10

Guangzhou

Liusteel

3,620

589

-60

Average

3,328

541

-18

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,570

580

-20

Beijing

Laiwu

3,210

522

0

Tangshan

Tangshan

3,380

550

0

Tianjin

Haicheng

3,450

561

-10

Guangzhou

Haicheng

3,650

593

50

Average

3,452

561

4

The prices are on theoretical weight basis and all prices include 17 percent VAT.

$1 = RMB 6.15


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