Section steel prices in local Chinese market – week 22

Monday, 27 May 2013 14:49:10 (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

3,600

588

-60

Beijing

Tangshan

3,260

533

-20

Tangshan

Tangshan

3,300

539

-80

Tianjin

Zhaobo

3,600

588

-50

Guangzhou

Tongsteel

3,650

596

-50

Average

3,482

569

-52

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,550

580

-50

Beijing

Xuangang

3,440

562

-20

Tangshan

Tangshan

3,360

549

-30

Tianjin

Jiangtian

3,240

529

-20

Guangzhou

Liusteel

3,900

637

-30

Average

3,498

572

-30

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,800

621

-50

Beijing

Laiwu

3,580

585

-50

Tangshan

Tangshan

3,600

588

-40

Tianjin

Haicheng

3,650

596

0

Guangzhou

Haicheng

3,810

623

-50

Average

3,688

603

-38

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

$1 = RMB 6.12

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