Section steel prices in local Chinese market – week 52

Monday, 22 December 2014 13:28:22 (GMT+3)   |   Shanghai
       

 

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Angle

52 mm x 52 mm x 5 mm

Q235

Shanghai

Masteel

2,980

479

↓10

Beijing

Tangshan

2,600

418

↓130

Tangshan

Tangshan

2,460

395

↓180

Tianjin

Zhaobo

2,870

461

↓140

Guangzhou

Tongsteel

3,050

490

↓40

Average

 -

2,792

449

↓100

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

2,910

468

↓10

Beijing

Xuangang

2,600

418

↓130

Tangshan

Tangshan

2,470

397

↓190

Tianjin

Jiangtian

2,600

418

↓100

Guangzhou

Liusteel

3,240

521

↓40

Average

 -

2,764

444

↓94

I Beam

252 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

2,970

477

0

Beijing

Laiwu

2,850

458

↓150

Tangshan

Tangshan

2,590

416

↓170

Tianjin

Haicheng

2,720

437

↓130

Guangzhou

Haicheng

3,190

513

↓40

Average

 -

2,864

460

↓98

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

$1 = RMB 6.22


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