Section steel prices in local Chinese market – week 16

Monday, 14 April 2014 13:54:13 (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

3,480

560

40

Beijing

Tangshan

3,050

491

50

Tangshan

Tangshan

3,250

523

90

Tianjin

Zhaobo

3,410

549

40

Guangzhou

Tongsteel

3,450

556

50

Average

3,328

536

38

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,380

544

10

Beijing

Xuangang

3,200

515

50

Tangshan

Tangshan

3,340

538

140

Tianjin

Jiangtian

3,240

522

50

Guangzhou

Liusteel

3,630

585

30

Average

3,358

541

56

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,440

554

10

Beijing

Laiwu

3,300

531

50

Tangshan

Tangshan

3,420

551

80

Tianjin

Haicheng

3,360

541

40

Guangzhou

Haicheng

3,700

596

30

Average

3,444

555

38

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

$1 = RMB 6.21


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