Section steel prices in local Chinese market

Tuesday, 14 September 2010 11:59:10 (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

4,430

656

+30

Beijing

Shougang

4,340

643

Tangshan

Tangshan

4,300

637

-300

Tianjin

Zhaobo

4,230

627

-150

Guangzhou

Tongsteel

4,600

681

Average

4,380

649

-84

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,430

656

+50

Beijing

Xuangang

4,200

622

Tangshan

Tangshan

4,320

640

-180

Tianjin

Jiangtian

4,460

661

+100

Guangzhou

Liusteel

4,600

681

-100

Average

4,402

652

-26

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,400

652

 -

Beijing

Laiwu

4,400

652

Tangshan

Tangshan

4,530

671

-170

Tianjin

Haicheng

4,310

639

-40

Guangzhou

Haicheng

4,600

681

Average

4,448

659

-42

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

$1 = RMB 6.75


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