Section steel prices in local Chinese market – week 41

Monday, 08 October 2012 15:00:30 (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

3,680

585

+40

Beijing

Tangshan

3,400

541

+50

Tangshan

Tangshan

3,670

583

+160

Tianjin

Zhaobo

3,800

604

+150

Guangzhou

Tongsteel

3,900

620

+100

Average

3,690

587

+100

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,700

588

+50

Beijing

Xuangang

3,450

548

0

Tangshan

Tangshan

3,700

588

+170

Tianjin

Jiangtian

3,520

560

+160

Guangzhou

Liusteel

3,850

612

+50

Average

3,644

579

+86

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,750

596

+50

Beijing

Laiwu

3,500

556

0

Tangshan

Tangshan

3,790

603

+150

Tianjin

Haicheng

3,750

596

+100

Guangzhou

Haicheng

3,950

628

+120

Average

3,748

596

+84

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

$1 = RMB 6.29


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