Section steel prices in local Chinese market – week 25

Monday, 18 June 2012 14:39:40 (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

4,120

648

-30

Beijing

Tangshan

3,750

590

0

Tangshan

Tangshan

3,960

623

+20

Tianjin

Zhaobo

4,120

648

0

Guangzhou

Tongsteel

4,300

676

-30

Average

4,050

637

-8

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,120

648

-20

Beijing

Xuangang

4,100

645

0

Tangshan

Tangshan

3,970

624

+20

Tianjin

Jiangtian

3,860

607

0

Guangzhou

Liusteel

4,280

673

-20

Average

4,066

639

-4

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,220

664

-30

Beijing

Laiwu

4,250

668

0

Tangshan

Tangshan

4,060

638

+10

Tianjin

Haicheng

4,000

629

0

Guangzhou

Haicheng

4,300

676

0

Average

4,166

655

-4

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

$1 = RMB 6.36


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