Section steel prices in local Chinese market

Tuesday, 24 August 2010 13:43:44 (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

4,250

627

Beijing

Shougang

4,030

594

-

Tangshan

Tangshan

4,110

606

-90

Tianjin

Zhaobo

4,000

590

Guangzhou

Tongsteel

4,220

622

+70

Average

4,122

608

-4

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,200

619

-50

Beijing

Xuangang

4,000

590

Tangshan

Tangshan

4,150

612

-80

Tianjin

Jiangtian

3,990

588

-110

Guangzhou

Liusteel

4,400

649

+70

Average

4,148

612

-34

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,250

627

Beijing

Laiwu

4,200

619

-

Tangshan

Tangshan

4,240

625

-120

Tianjin

Haicheng

4,150

612

-30

Guangzhou

Haicheng

4,250

627

-50

Average

4,218

622

-40

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

$1 = RMB 6.78


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