Section steel prices in local Chinese market – week 36

Monday, 03 September 2012 15:00:50 (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

3,600

568

-90

Beijing

Tangshan

3,350

528

-130

Tangshan

Tangshan

3,200

505

-140

Tianjin

Zhaobo

3,400

536

-150

Guangzhou

Tongsteel

3,730

588

-70

Average

3,456

545

-116

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,620

571

-60

Beijing

Xuangang

3,650

576

-230

Tangshan

Tangshan

3,250

513

-130

Tianjin

Jiangtian

3,100

489

-130

Guangzhou

Liusteel

3,900

615

0

Average

3,504

553

-110

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,650

576

-20

Beijing

Laiwu

3,700

584

-200

Tangshan

Tangshan

3,350

528

-130

Tianjin

Haicheng

3,550

560

-50

Guangzhou

Haicheng

3,730

588

-70

Average

3,596

567

-94

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

$1 = RMB 6.34


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