Section steel prices in local Chinese market – week 50

Monday, 08 December 2014 14:12:45 (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

3,000

486

0

Beijing

Tangshan

2,800

454

0

Tangshan

Tangshan

2,730

442

0

Tianjin

Zhaobo

3,010

488

0

Guangzhou

Tongsteel

3,120

506

↓10

Average

 -

2,932

475

↓2

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

2,930

475

↓10

Beijing

Xuangang

2,800

454

0

Tangshan

Tangshan

2,720

441

0

Tianjin

Jiangtian

2,780

451

0

Guangzhou

Liusteel

3,300

535

↓10

Average

 -

2,906

471

↓4

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

2,970

481

0

Beijing

Laiwu

3,050

494

0

Tangshan

Tangshan

2,820

457

0

Tianjin

Haicheng

2,940

476

↓20

Guangzhou

Haicheng

3,250

527

0

Average

 -

3,006

487

↓4

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

$1 = RMB 6.17


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