Section steel prices in local Chinese market – week 32

Monday, 06 August 2012 13:52:13 (GMT+3)   |  
       

 

Product Name

Specification

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

3,820

600

-80

Beijing

Tangshan

3,600

565

-50

Tangshan

Tangshan

3,580

562

+30

Tianjin

Zhaobo

3,750

589

-130

Guangzhou

Tongsteel

4,000

628

0

Average

3,750

589

-46

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,800

597

-100

Beijing

Xuangang

4,000

628

0

Tangshan

Tangshan

3,650

573

+50

Tianjin

Jiangtian

3,480

546

+80

Guangzhou

Liusteel

4,200

659

0

Average

3,826

601

+6

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,800

597

-100

Beijing

Laiwu

3,950

620

0

Tangshan

Tangshan

3,750

589

+10

Tianjin

Haicheng

3,850

604

0

Guangzhou

Haicheng

3,950

620

0

Average

3,860

606

-18

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

$1 = RMB 6.37


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