Section steel prices in local Chinese market – week 26

Monday, 24 June 2013 15:47:26 (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

3,450

562

0

Beijing

Tangshan

3,100

505

-50

Tangshan

Tangshan

3,290

536

+20

Tianjin

Zhaobo

3,400

554

-20

Guangzhou

Tongsteel

3,550

578

0

Average

3,358

547

-10

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,400

554

0

Beijing

Xuangang

3,300

537

-30

Tangshan

Tangshan

3,330

542

+60

Tianjin

Jiangtian

3,150

513

+60

Guangzhou

Liusteel

3,800

619

0

Average

3,396

553

+18

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,650

594

-10

Beijing

Laiwu

3,400

554

-50

Tangshan

Tangshan

3,480

567

0

Tianjin

Haicheng

3,430

559

+30

Guangzhou

Haicheng

3,720

606

0

Average

3,536

576

-6

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

$1 = RMB 6.14

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