Section steel prices in local Chinese market – week 38

Monday, 15 September 2014 15:46:42 (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

3,180

518

↓100

Beijing

Tangshan

2,670

435

↓120

Tangshan

Tangshan

2,700

440

↓130

Tianjin

Zhaobo

3,010

490

↓120

Guangzhou

Tongsteel

3,190

520

↓110

Average

 -

2,950

480

↓116

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,080

502

↓80

Beijing

Xuangang

2,670

435

↓150

Tangshan

Tangshan

2,770

451

↓110

Tianjin

Jiangtian

2,790

454

↓160

Guangzhou

Liusteel

3,330

542

↓40

Average

 -

2,928

477

↓108

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,140

511

↓100

Beijing

Laiwu

2,880

469

↓120

Tangshan

Tangshan

2,900

472

↓70

Tianjin

Haicheng

3,030

493

↓130

Guangzhou

Haicheng

3,290

536

↓50

Average

 -

3,048

496

↓94

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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