Section steel prices in local Chinese market

Tuesday, 22 June 2010 13:36:50 (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

595

+30

Beijing

Shougang

4,000

589

-50

Tangshan

Tangshan

3,950

582

-70

Tianjin

Zhaobo

3,900

574

Guangzhou

Tongsteel

4,150

611

 -

Average

4,010

591

-18

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,050

596

Beijing

Xuangang

4,100

604

-50

Tangshan

Tangshan

3,950

582

-70

Tianjin

Jiangtian

3,850

567

-20

Guangzhou

Liusteel

4,310

635

Average

4,052

597

-28

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,130

608

Beijing

Laiwu

4,200

619

-50

Tangshan

Tangshan

4,140

610

-90

Tianjin

Haicheng

4,000

589

Guangzhou

Haicheng

4,200

619

-50

Average

4,134

609

-38

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

$1 = RMB 6.81


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