Section steel prices in local Chinese market – week 51

Monday, 17 December 2012 12:34:02 (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

593

0

Beijing

Tangshan

3,300

529

0

Tangshan

Tangshan

3,570

572

+140

Tianjin

Zhaobo

3,700

593

0

Guangzhou

Tongsteel

3,800

609

+20

Average

3,614

579

+32

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,700

593

0

Beijing

Xuangang

3,450

553

-50

Tangshan

Tangshan

3,570

572

+90

Tianjin

Jiangtian

3,430

550

+180

Guangzhou

Liusteel

3,950

633

-20

Average

3,620

580

+40

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,800

609

0

Beijing

Laiwu

3,650

585

0

Tangshan

Tangshan

3,660

587

+100

Tianjin

Haicheng

3,600

577

+50

Guangzhou

Haicheng

3,860

619

+30

Average

3,714

595

+36

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

$1 = RMB 6.24

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