Section steel prices in local Chinese market – week 19

Monday, 07 May 2012 14:20:43 (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

0

Beijing

Tangshan

3,980

632

-20

Tangshan

Tangshan

3,980

632

-60

Tianjin

Zhaobo

4,200

667

-100

Guangzhou

Tongsteel

4,470

710

-30

Average

4,186

664

-42

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,310

684

0

Beijing

Xuangang

4,150

659

-50

Tangshan

Tangshan

4,040

641

-130

Tianjin

Jiangtian

3,900

619

-30

Guangzhou

Liusteel

4,500

714

-50

Average

4,180

663

-52

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,340

689

0

Beijing

Laiwu

4,350

690

0

Tangshan

Tangshan

4,100

651

-20

Tianjin

Haicheng

4,100

651

-30

Guangzhou

Haicheng

4,380

695

-20

Average

4,254

675

-14

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

$1 = RMB 6.30


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