Section steel prices in local Chinese market – week 48

Monday, 26 November 2012 14:02:34 (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

3,700

594

- 

Beijing

Tangshan

3,400

546

- 

Tangshan

Tangshan

3,350

538

-70

Tianjin

Zhaobo

3,650

586

-100

Guangzhou

Tongsteel

3,800

610

-30

Average

3,580

575

-40

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,700

594

+10

Beijing

Xuangang

3,530

567

-100

Tangshan

Tangshan

3,390

544

-40

Tianjin

Jiangtian

3,270

525

- 

Guangzhou

Liusteel

4,000

642

+50

Average

3,578

574

-16

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,800

610

- 

Beijing

Laiwu

3,650

586

- 

Tangshan

Tangshan

3,540

568

-60

Tianjin

Haicheng

3,650

586

- 

Guangzhou

Haicheng

3,850

618

-30

Average

3,698

594

-18

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

$1 = RMB 6.23

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