Section steel prices in local Chinese market – week 46

Monday, 12 November 2012 14:47:30 (GMT+3)   |   Shanghai
 

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

3,720

597

+40

Beijing

Tangshan

3,480

559

+50

Tangshan

Tangshan

3,520

565

-50

Tianjin

Zhaobo

3,800

610

0

Guangzhou

Tongsteel

3,830

615

-20

Average

3,670

589

+4

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,700

594

+20

Beijing

Xuangang

3,630

583

0

Tangshan

Tangshan

3,540

568

-60

Tianjin

Jiangtian

3,350

538

-50

Guangzhou

Liusteel

3,950

634

0

Average

3,634

583

-18

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,800

610

0

Beijing

Laiwu

3,680

591

0

Tangshan

Tangshan

3,730

599

-30

Tianjin

Haicheng

3,700

594

0

Guangzhou

Haicheng

3,900

626

0

Average

3,762

604

-6

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

$1 = RMB 6.23

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