Section steel prices in local Chinese market – week 31

Monday, 28 July 2014 12:07:32 (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

3,280

530

0

Beijing

Tangshan

2,900

468

↓30

Tangshan

Tangshan

3,010

486

↓20

Tianjin

Zhaobo

3,240

523

0

Guangzhou

Tongsteel

3,360

543

0

Average

 -

3,158

510

↓10

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,150

509

0

Beijing

Xuangang

2,950

477

↓80

Tangshan

Tangshan

3,030

489

↓20

Tianjin

Jiangtian

3,060

494

↓10

Guangzhou

Liusteel

3,420

553

0

Average

 -

3,122

504

↓22

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,370

544

0

Beijing

Laiwu

3,130

506

↓20

Tangshan

Tangshan

3,050

493

↓40

Tianjin

Haicheng

3,220

520

0

Guangzhou

Haicheng

3,390

548

↓50

Average

 -

3,232

522

↓22

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

$1 = RMB 6.19


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