Section steel prices in local Chinese market – week 51

Monday, 15 December 2014 13:54:05 (GMT+3)   |   Shanghai
       

 

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Angle

51 mm x 51 mm x 5 mm

Q235

Shanghai

Masteel

2,990

483

↓10

Beijing

Tangshan

2,730

441

↓70

Tangshan

Tangshan

2,640

426

↓90

Tianjin

Zhaobo

3,010

486

0

Guangzhou

Tongsteel

3,090

499

↓30

Average

 -

2,892

467

↓40

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

2,920

472

↓10

Beijing

Xuangang

2,730

441

↓70

Tangshan

Tangshan

2,660

430

↓60

Tianjin

Jiangtian

2,700

436

↓80

Guangzhou

Liusteel

3,280

530

↓20

Average

 -

2,858

462

↓48

I Beam

251 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

2,970

480

0

Beijing

Laiwu

3,000

485

↓50

Tangshan

Tangshan

2,760

446

↓60

Tianjin

Haicheng

2,850

460

↓90

Guangzhou

Haicheng

3,230

522

↓20

Average

 -

2,962

479

↓44

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

$1 = RMB 6.19


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