Section steel prices in local Chinese market – week 23

Monday, 04 June 2012 14:32:46 (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

4,150

651

-50

Beijing

Tangshan

3,750

589

+50

Tangshan

Tangshan

3,900

612

+80

Tianjin

Zhaobo

4,120

647

+70

Guangzhou

Tongsteel

4,330

680

-40

Average

4,050

636

+22

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,160

653

-20

Beijing

Xuangang

4,100

644

0

Tangshan

Tangshan

3,900

612

+70

Tianjin

Jiangtian

3,860

606

0

Guangzhou

Liusteel

4,300

675

-70

Average

4,064

638

-4

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,250

667

0

Beijing

Laiwu

4,250

667

0

Tangshan

Tangshan

4,000

628

+10

Tianjin

Haicheng

4,000

628

0

Guangzhou

Haicheng

4,300

675

-50

Average

4,160

653

-8

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

$1 = RMB 6.37


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