Section steel prices in local Chinese market – week 43

Monday, 22 October 2012 14:14:18 (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

3,690

589

0

Beijing

Tangshan

3,400

543

0

Tangshan

Tangshan

3,580

572

+30

Tianjin

Zhaobo

3,800

607

0

Guangzhou

Tongsteel

3,870

618

-30

Average

3,668

586

0

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,690

589

0

Beijing

Xuangang

3,600

575

+50

Tangshan

Tangshan

3,600

575

+30

Tianjin

Jiangtian

3,400

543

+20

Guangzhou

Liusteel

3,900

623

+50

Average

3,638

581

+30

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,750

599

0

Beijing

Laiwu

3,600

575

0

Tangshan

Tangshan

3,740

597

+20

Tianjin

Haicheng

3,700

591

-50

Guangzhou

Haicheng

3,930

628

-20

Average

3,744

598

-10

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

$1 = RMB 6.26

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