Section steel prices in local Chinese market – week 40

Monday, 29 September 2014 14:55:41 (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

3,080

501

↓100

Beijing

Tangshan

2,630

428

↓20

Tangshan

Tangshan

2,680

436

0

Tianjin

Zhaobo

3,010

489

0

Guangzhou

Tongsteel

3,140

511

↓30

Average

 -

2,908

473

↓30

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,000

488

↓80

Beijing

Xuangang

2,630

428

↓20

Tangshan

Tangshan

2,720

442

↓10

Tianjin

Jiangtian

2,710

441

↓30

Guangzhou

Liusteel

3,290

535

↓20

Average

 -

2,870

467

↓32

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,000

488

↓100

Beijing

Laiwu

2,840

462

↓20

Tangshan

Tangshan

2,880

468

↓20

Tianjin

Haicheng

2,990

486

↓30

Guangzhou

Haicheng

3,250

528

↓20

Average

 -

2,992

487

↓38

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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