Section steel prices in local Chinese market

Tuesday, 16 March 2010 13:28:12 (GMT+3)   |  
       

 

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

4,050

593

+200

Beijing

Shougang

3,700

542

+30

Tangshan

Tangshan

4,000

586

+220

Tianjin

Zhaobo

3,700

542

+200

Guangzhou

Tongsteel

4,000

586

+220

Average

3,890

570

+174

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,000

586

+220

Beijing

Xuangang

3,850

564

+100

Tangshan

Tangshan

4,000

586

+200

Tianjin

Jiangtian

3,850

564

+150

Guangzhou

Liusteel

4,120

603

+240

Average

3,964

580

+182

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,950

578

+150

Beijing

Laiwu

4,000

586

+150

Tangshan

Tangshan

-

-

Tianjin

Haicheng

3,950

578

+250

Guangzhou

Haicheng

4,050

593

+220

Average

3,988

584

+193

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

$1 = RMB 6.83


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