Section steel prices in local Chinese market – week 44

Monday, 27 October 2014 14:05:35 (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

3,030

495

↓20

Beijing

Tangshan

2,760

451

0

Tangshan

Tangshan

2,760

451

↓90

Tianjin

Zhaobo

3,010

492

↓20

Guangzhou

Tongsteel

3,150

515

0

Average

 -

2,942

481

↓26

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

2,970

485

↓10

Beijing

Xuangang

2,760

451

0

Tangshan

Tangshan

2,740

448

↓60

Tianjin

Jiangtian

2,750

449

↓70

Guangzhou

Liusteel

3,310

541

0

Average

 -

2,906

475

↓28

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

2,980

487

0

Beijing

Laiwu

3,000

490

0

Tangshan

Tangshan

2,860

467

↓70

Tianjin

Haicheng

3,000

490

↓80

Guangzhou

Haicheng

3,270

534

0

Average

 -

3,022

494

↓30

The prices are on theoretical weight basis, all prices include 17 percent VAT and all prices are ex-warehouse.

$1 = RMB 6.12


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