Section steel prices in local Chinese market – week 26

Monday, 25 June 2012 14:20:43 (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

0

Beijing

Tangshan

3,700

582

-50

Tangshan

Tangshan

3,920

616

-40

Tianjin

Zhaobo

4,140

651

+20

Guangzhou

Tongsteel

4,250

668

-50

Average

4,026

633

-24

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,120

648

0

Beijing

Xuangang

4,100

645

0

Tangshan

Tangshan

3,960

623

-10

Tianjin

Jiangtian

3,860

607

0

Guangzhou

Liusteel

4,280

673

0

Average

4,064

639

-2

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,220

664

0

Beijing

Laiwu

4,250

668

0

Tangshan

Tangshan

4,080

642

+20

Tianjin

Haicheng

4,000

629

0

Guangzhou

Haicheng

4,250

668

-50

Average

4,160

654

-6

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

$1 = RMB 6.36


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