Section steel prices in local Chinese market – week 36

Monday, 01 September 2014 14:13:35 (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

534

0

Beijing

Tangshan

2,790

454

↓10

Tangshan

Tangshan

2,830

461

↓80

Tianjin

Zhaobo

3,130

510

↓50

Guangzhou

Tongsteel

3,300

537

↓20

Average

 -

3,066

499

↓32

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,160

515

↓20

Beijing

Xuangang

2,820

459

↓10

Tangshan

Tangshan

2,880

469

↓80

Tianjin

Jiangtian

2,950

480

↓60

Guangzhou

Liusteel

3,370

549

↓50

Average

 -

3,036

494

↓44

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,240

528

↓80

Beijing

Laiwu

3,000

489

↓10

Tangshan

Tangshan

2,970

484

↓60

Tianjin

Haicheng

3,160

515

↓60

Guangzhou

Haicheng

3,340

544

↓30

Average

 -

3,142

512

↓48

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

$1 = RMB 6.14


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