Section steel prices in local Chinese market – week 27

Monday, 30 June 2014 16:06:31 (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

3,300

532

0

Beijing

Tangshan

2,900

468

0

Tangshan

Tangshan

2,990

482

+10

Tianjin

Zhaobo

3,240

523

0

Guangzhou

Tongsteel

3,380

545

0

Average

3,162

510

0

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,150

508

-20

Beijing

Xuangang

3,130

505

0

Tangshan

Tangshan

3,000

484

0

Tianjin

Jiangtian

3,050

492

0

Guangzhou

Liusteel

3,450

556

0

Average

3,156

509

0

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,370

544

0

Beijing

Laiwu

3,200

516

0

Tangshan

Tangshan

3,050

492

0

Tianjin

Haicheng

3,220

519

0

Guangzhou

Haicheng

3,500

565

0

Average

3,268

527

0

The prices are on theoretical weight basis, all prices include 17 percent VAT and all prices are ex-warehouse.

$1 = RMB 6.20

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