Section steel prices in local Chinese market – week 48

Monday, 24 November 2014 13:46:35 (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

494

0

Beijing

Tangshan

2,800

457

0

Tangshan

Tangshan

2,740

447

↓30

Tianjin

Zhaobo

3,010

491

0

Guangzhou

Tongsteel

3,150

514

0

Average

 -

2,946

481

↓6

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

2,950

481

0

Beijing

Xuangang

2,800

457

0

Tangshan

Tangshan

2,720

444

↓40

Tianjin

Jiangtian

2,740

447

↓60

Guangzhou

Liusteel

3,310

540

0

Average

 -

2,904

474

↓20

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

2,990

488

0

Beijing

Laiwu

3,050

498

0

Tangshan

Tangshan

2,820

460

↓40

Tianjin

Haicheng

2,980

486

↓50

Guangzhou

Haicheng

3,270

533

0

Average

 -

3,022

493

↓18

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

$1 = RMB 6.13


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