Section steel prices in local Chinese market – week 14

Monday, 31 March 2014 20:52:39 (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

3,520

567

0

Beijing

Tangshan

3,000

483

0

Tangshan

Tangshan

3,160

509

20

Tianjin

Zhaobo

3,370

543

0

Guangzhou

Tongsteel

3,400

548

0

Average

3,290

530

4

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,370

543

-30

Beijing

Xuangang

3,150

507

0

Tangshan

Tangshan

3,200

515

-40

Tianjin

Jiangtian

3,190

514

20

Guangzhou

Liusteel

3,600

580

-20

Average

3,302

532

-14

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,450

556

-50

Beijing

Laiwu

3,250

523

0

Tangshan

Tangshan

3,340

538

20

Tianjin

Haicheng

3,320

535

0

Guangzhou

Haicheng

3,670

591

0

Average

3,406

548

-6

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

$1 = RMB 6.21


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