Section steel prices in local Chinese market – week 21

Monday, 21 May 2012 14:29:26 (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

4,200

664

-80

Beijing

Tangshan

3,750

592

-150

Tangshan

Tangshan

3,820

603

-120

Tianjin

Zhaobo

4,050

640

-150

Guangzhou

Tongsteel

4,400

695

-50

Average

4,044

639

-110

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,230

668

-70

Beijing

Xuangang

4,100

648

-50

Tangshan

Tangshan

3,880

613

-100

Tianjin

Jiangtian

3,830

605

-30

Guangzhou

Liusteel

4,420

698

-80

Average

4,092

646

-66

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,280

676

-40

Beijing

Laiwu

4,300

679

0

Tangshan

Tangshan

4,030

637

-60

Tianjin

Haicheng

4,000

632

-80

Guangzhou

Haicheng

4,350

687

0

Average

4,192

662

-36

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

$1 = RMB 6.33

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