Section steel prices in local Chinese market – week 34

Monday, 20 August 2012 12:53:28 (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

3,770

593

-30

Beijing

Tangshan

3,500

550

-80

Tangshan

Tangshan

3,450

542

-110

Tianjin

Zhaobo

3,600

566

-150

Guangzhou

Tongsteel

3,930

618

-20

Average

3,650

574

-78

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,770

593

-30

Beijing

Xuangang

3,900

613

-80

Tangshan

Tangshan

3,490

549

-90

Tianjin

Jiangtian

3,350

527

-70

Guangzhou

Liusteel

4,050

637

-150

Average

3,712

584

-84

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,750

590

 -

Beijing

Laiwu

3,900

613

-30

Tangshan

Tangshan

3,580

563

-100

Tianjin

Haicheng

3,750

590

-70

Guangzhou

Haicheng

3,900

613

-20

Average

3,776

594

-44

 

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

$1 = RMB 6.36


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