Section steel prices in local Chinese market – week 52

Monday, 24 December 2012 13:50:38 (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

3,450

553

-120

Tianjin

Zhaobo

3,700

593

0

Guangzhou

Tongsteel

3,800

609

0

Average

3,590

575

-24

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,700

593

0

Beijing

Xuangang

3,450

553

0

Tangshan

Tangshan

3,520

564

-50

Tianjin

Jiangtian

3,370

540

-60

Guangzhou

Liusteel

3,980

638

+30

Average

3,604

578

-16

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

3,560

571

-100

Tianjin

Haicheng

3,600

577

0

Guangzhou

Haicheng

3,880

622

+20

Average

3,698

593

-16

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

$1 = RMB 6.24

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