Section steel prices in local Chinese market – week 31

Monday, 29 July 2013 15:20:40 (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

573

0

Beijing

Tangshan

3,150

514

0

Tangshan

Tangshan

3,410

556

-30

Tianjin

Zhaobo

3,460

564

-60

Guangzhou

Tongsteel

3,600

587

0

Average

3,426

559

-18

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,500

571

0

Beijing

Xuangang

3,330

543

0

Tangshan

Tangshan

3,420

558

-10

Tianjin

Jiangtian

3,270

533

+10

Guangzhou

Liusteel

3,720

607

0

Average

3,448

562

0

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,650

595

0

Beijing

Laiwu

3,460

564

+30

Tangshan

Tangshan

3,500

571

-20

Tianjin

Haicheng

3,450

563

0

Guangzhou

Haicheng

3,750

612

0

Average

3,562

581

+2

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

$1 = RMB 6.14

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