Section steel prices in local Chinese market

Tuesday, 13 July 2010 13:45:02 (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

3,930

581

-30

Beijing

Shougang

3,880

573

Tangshan

Tangshan

3,800

561

+100

Tianjin

Zhaobo

3,700

547

Guangzhou

Tongsteel

3,950

583

 -

Average

3,852

569

+14

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,930

581

-30

Beijing

Xuangang

3,900

576

-50

Tangshan

Tangshan

3,800

561

+80

Tianjin

Jiangtian

3,620

535

-10

Guangzhou

Liusteel

4,100

606

Average

3,870

572

-2

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,960

585

-20

Beijing

Laiwu

4,030

595

Tangshan

Tangshan

4,040

597

+50

Tianjin

Haicheng

3,850

569

-20

Guangzhou

Haicheng

4,000

591

Average

3,976

587

+2

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

$1 = RMB 6.77


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