Section steel prices in local Chinese market – week 27

Monday, 01 July 2013 16:17:55 (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

3,410

556

-40

Beijing

Tangshan

3,100

506

0

Tangshan

Tangshan

3,280

535

-10

Tianjin

Zhaobo

3,380

551

-20

Guangzhou

Tongsteel

3,530

576

-20

Average

3,340

545

-18

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,350

546

-50

Beijing

Xuangang

3,300

538

0

Tangshan

Tangshan

3,320

542

-10

Tianjin

Jiangtian

3,110

507

-40

Guangzhou

Liusteel

3,750

612

-50

Average

3,366

549

-30

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,630

592

-20

Beijing

Laiwu

3,400

555

0

Tangshan

Tangshan

3,440

561

-40

Tianjin

Haicheng

3,380

551

-50

Guangzhou

Haicheng

3,700

604

-20

Average

3,510

573

-26

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

$1 = RMB 6.13

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