Section steel prices in local Chinese market

Tuesday, 11 May 2010 11:50:33 (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

4,380

641

-10

Beijing

Shougang

4,100

600

Tangshan

Tangshan

4,250

622

 -

Tianjin

Zhaobo

4,000

586

 -

Guangzhou

Tongsteel

4,300

630

-30

Average

4,206

616

-8

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,400

644

Beijing

Xuangang

4,400

644

 -

Tangshan

Tangshan

4,220

618

 -

Tianjin

Jiangtian

4,230

619

-30

Guangzhou

Liusteel

4,480

656

-50

Average

4,346

636

-16

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,430

649

Beijing

Laiwu

4,500

659

 -

Tangshan

Tangshan

4,450

652

-170

Tianjin

Haicheng

4,200

615

Guangzhou

Haicheng

4,380

641

-30

Average

4,392

643

-40

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

$1 = RMB 6.83


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