Section steel prices in local Chinese market – week 27

Monday, 02 July 2012 13:58:05 (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

649

0

Beijing

Tangshan

3,750

591

+50

Tangshan

Tangshan

3,870

609

-50

Tianjin

Zhaobo

4,140

652

0

Guangzhou

Tongsteel

4,200

661

-50

Average

4,016

632

-10

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,120

649

0

Beijing

Xuangang

4,100

646

0

Tangshan

Tangshan

3,940

620

-20

Tianjin

Jiangtian

3,840

605

-20

Guangzhou

Liusteel

4,280

674

0

Average

4,056

639

-8

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,120

649

-100

Beijing

Laiwu

4,250

669

0

Tangshan

Tangshan

4,000

630

-80

Tianjin

Haicheng

4,000

630

0

Guangzhou

Haicheng

4,200

661

-50

Average

4,114

648

-46

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

$1 = RMB 6.35


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