Section steel prices in local Chinese market – week 44

Monday, 29 October 2012 12:36:07 (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

591

 0

Beijing

Tangshan

3,400

544

 0

Tangshan

Tangshan

3,630

581

+50

Tianjin

Zhaobo

3,800

608

 0

Guangzhou

Tongsteel

3,850

616

-20

Average

3,674

588

+6

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,690

591

0 

Beijing

Xuangang

3,600

576

 0

Tangshan

Tangshan

3,620

580

+20

Tianjin

Jiangtian

3,420

548

+20

Guangzhou

Liusteel

3,950

632

+50

Average

3,656

585

+18

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,750

600

 0

Beijing

Laiwu

3,650

584

+50

Tangshan

Tangshan

3,740

599

 0

Tianjin

Haicheng

3,700

592

 0

Guangzhou

Haicheng

3,900

624

-30

Average

3,748

600

+4

 

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

$1 = RMB 6.24

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