Section steel prices in local Chinese market – week 49

Monday, 03 December 2012 13:16:41 (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

0

Beijing

Tangshan

3,300

530

-100

Tangshan

Tangshan

3,270

525

-80

Tianjin

Zhaobo

3,650

586

0

Guangzhou

Tongsteel

3,750

602

-50

Average

3,534

567

-46

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,700

594

0

Beijing

Xuangang

3,530

567

0

Tangshan

Tangshan

3,300

530

-90

Tianjin

Jiangtian

3,150

506

-120

Guangzhou

Liusteel

4,000

642

0

Average

3,536

568

-42

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,800

610

0

Beijing

Laiwu

3,650

586

0

Tangshan

Tangshan

3,470

557

-70

Tianjin

Haicheng

3,550

570

-100

Guangzhou

Haicheng

3,800

610

-50

Average

3,654

587

-44

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

$1 = RMB 6.23

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