Section steel prices in local Chinese market – week 3

Monday, 12 January 2015 11:34:03 (GMT+3)   |   Shanghai
       

 

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Angle

1 mm x 1 mm x 5 mm

Q235

Shanghai

Masteel

2,950

476

0

Beijing

Tangshan

2,450

395

↓50

Tangshan

Tangshan

2,330

376

↓110

Tianjin

Zhaobo

2,750

444

↓120

Guangzhou

Tongsteel

2,990

482

↓40

Average

 -

2,694

435

↓64

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

2,860

461

↓20

Beijing

Xuangang

2,440

394

↓60

Tangshan

Tangshan

2,350

379

↓110

Tianjin

Jiangtian

2,370

382

↓110

Guangzhou

Liusteel

3,180

513

↓50

Average

 -

2,640

426

↓70

I Beam

21 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

2,880

465

↓20

Beijing

Laiwu

2,720

439

↓70

Tangshan

Tangshan

2,410

389

↓110

Tianjin

Haicheng

2,650

427

↓20

Guangzhou

Haicheng

3,120

503

↓30

Average

 -

2,756

445

↓50

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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