Section steel prices in local Chinese market – week 2

Monday, 07 January 2013 11:37:34 (GMT+3)   |   Shanghai
 

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

3,770

605

+50

Beijing

Tangshan

3,450

554

+100

Tangshan

Tangshan

3,600

578

+50

Tianjin

Zhaobo

3,830

615

+130

Guangzhou

Tongsteel

3,830

615

0

Average

3,696

593

+66

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,770

605

+50

Beijing

Xuangang

3,650

586

+100

Tangshan

Tangshan

3,660

587

+20

Tianjin

Jiangtian

3,480

559

+240

Guangzhou

Liusteel

3,980

639

0

Average

3,708

595

+82

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,870

621

+50

Beijing

Laiwu

3,800

610

+150

Tangshan

Tangshan

3,770

605

+110

Tianjin

Haicheng

3,720

597

+120

Guangzhou

Haicheng

3,910

628

0

Average

3,814

612

+86

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

$1 = RMB 6.23

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