Section steel prices in local Chinese market – week 30

Monday, 22 July 2013 15:18:35 (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

3.510

572

+70

Beijing

Tangshan

3.150

513

0

Tangshan

Tangshan

3.440

560

-20

Tianjin

Zhaobo

3.520

573

0

Guangzhou

Tongsteel

3.600

586

+20

Average

3.444

561

+14

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3.500

570

+80

Beijing

Xuangang

3.330

542

0

Tangshan

Tangshan

3.430

559

-40

Tianjin

Jiangtian

3.260

531

+80

Guangzhou

Liusteel

3.720

606

0

Average

3.448

562

+24

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3.650

594

0

Beijing

Laiwu

3.430

559

0

Tangshan

Tangshan

3.520

573

-40

Tianjin

Haicheng

3.450

562

0

Guangzhou

Haicheng

3.750

611

+30

Average

3.560

580

-2

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

$1 = RMB 6.14

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