Section steel prices in local Chinese market – week 8

Monday, 18 February 2013 15:06:39 (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

3,960

634

+110

Beijing

Tangshan

3,480

557

 0

Tangshan

Tangshan

3,720

595

+40

Tianjin

Zhaobo

3,930

629

 0

Guangzhou

Tongsteel

3,930

629

+50

Average

3,804

609

+40

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,950

632

+100

Beijing

Xuangang

3,650

584

 0

Tangshan

Tangshan

3,680

589

+50

Tianjin

Jiangtian

3,570

571

+30

Guangzhou

Liusteel

4,000

640

+50

Average

3,770

603

+46

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,000

640

+70

Beijing

Laiwu

3,700

592

 0

Tangshan

Tangshan

3,840

614

+20

Tianjin

Haicheng

3,680

589

 0

Guangzhou

Haicheng

4,010

642

+50

Average

3,846

615

+28

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

$1 = RMB 6.25

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