Section steel prices in local Chinese market – week 24

Monday, 11 June 2012 15:03:29 (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

654

0

Beijing

Tangshan

3,750

591

0

Tangshan

Tangshan

3,940

620

+40

Tianjin

Zhaobo

4,120

649

0

Guangzhou

Tongsteel

4,330

682

0

Average

4,058

639

+8

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,140

652

-20

Beijing

Xuangang

4,100

646

0

Tangshan

Tangshan

3,950

622

+50

Tianjin

Jiangtian

3,860

608

0

Guangzhou

Liusteel

4,300

677

0

Average

4,070

641

+6

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,250

669

0

Beijing

Laiwu

4,250

669

0

Tangshan

Tangshan

4,050

638

+50

Tianjin

Haicheng

4,000

630

0

Guangzhou

Haicheng

4,300

677

0

Average

4,170

657

+10

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

$1 = RMB 6.35


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