Section steel prices in local Chinese market – week 28

Monday, 08 July 2013 14:38:02 (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

0

Beijing

Tangshan

3,100

506

0

Tangshan

Tangshan

3,370

550

+90

Tianjin

Zhaobo

3,460

564

+80

Guangzhou

Tongsteel

3,530

576

0

Average

3,374

550

+34

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,360

548

+10

Beijing

Xuangang

3,300

538

0

Tangshan

Tangshan

3,420

558

+100

Tianjin

Jiangtian

3,110

507

0

Guangzhou

Liusteel

3,720

607

-30

Average

3,382

552

+16

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,630

592

0

Beijing

Laiwu

3,400

555

0

Tangshan

Tangshan

3,520

574

+80

Tianjin

Haicheng

3,380

551

0

Guangzhou

Haicheng

3,680

600

-20

Average

3,522

575

+12

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

$1 = RMB 6.13

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