Section steel prices in local Chinese market – week 38

Monday, 17 September 2012 15:14:28 (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

3,560

563

-20

Beijing

Tangshan

3,250

514

0

Tangshan

Tangshan

3,500

554

+200

Tianjin

Zhaobo

3,550

562

+100

Guangzhou

Tongsteel

3,700

585

+50

Average

3,512

556

+66

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,600

570

+20

Beijing

Xuangang

3,400

538

-100

Tangshan

Tangshan

3,450

546

+150

Tianjin

Jiangtian

3,280

519

+220

Guangzhou

Liusteel

3,730

590

+30

Average

3,492

553

+64

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,630

574

-20

Beijing

Laiwu

3,500

554

-100

Tangshan

Tangshan

3,560

563

+150

Tianjin

Haicheng

3,600

570

+50

Guangzhou

Haicheng

3,670

581

+50

Average

3,592

568

+26

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

$1 = RMB 6.32


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