Section steel prices in local Chinese market – week 34

Monday, 18 August 2014 14:25:36 (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

533

0

Beijing

Tangshan

2,800

455

-30

Tangshan

Tangshan

2,970

483

-20

Tianjin

Zhaobo

3,220

524

0

Guangzhou

Tongsteel

3,320

540

-20

Average

 -

3,118

507

-14

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,180

517

0

Beijing

Xuangang

2,830

460

-20

Tangshan

Tangshan

3,000

488

0

Tianjin

Jiangtian

3,020

491

-30

Guangzhou

Liusteel

3,420

556

0

Average

 -

3,090

502

-10

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,350

545

0

Beijing

Laiwu

3,010

489

-20

Tangshan

Tangshan

3,030

493

0

Tianjin

Haicheng

3,220

524

0

Guangzhou

Haicheng

3,370

548

0

Average

 -

3,196

520

-4

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

$1 = RMB 6.15


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