Section steel prices in local Chinese market – week 18

Wednesday, 02 May 2012 14:15:40 (GMT+3)   |  
       

 

Product Name

Specification

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

4,300

683

-30

Beijing

Tangshan

4,000

635

0

Tangshan

Tangshan

4,040

641

+30

Tianjin

Zhaobo

4,300

683

0

Guangzhou

Tongsteel

4,500

714

0

Average

4,228

671

0

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,310

684

-20

Beijing

Xuangang

4,200

667

-30

Tangshan

Tangshan

4,170

662

0

Tianjin

Jiangtian

3,930

624

0

Guangzhou

Liusteel

4,550

722

0

Average

4,232

672

-10

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,340

689

-20

Beijing

Laiwu

4,350

690

-50

Tangshan

Tangshan

4,120

654

0

Tianjin

Haicheng

4,130

656

0

Guangzhou

Haicheng

4,400

698

0

Average

4,268

677

-14

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

$1 = RMB 6.30


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