Section steel prices in local Chinese market

Tuesday, 21 September 2010 13:18:09 (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

654

-50

Beijing

Shougang

4,340

648

Tangshan

Tangshan

4,180

624

-120

Tianjin

Zhaobo

4,150

619

-80

Guangzhou

Tongsteel

4,550

679

-50

Average

4,320

645

-60

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,380

654

-50

Beijing

Xuangang

4,200

627

Tangshan

Tangshan

4,200

627

-120

Tianjin

Jiangtian

4,320

645

-140

Guangzhou

Liusteel

4,550

679

-50

Average

4,330

646

-72

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,360

651

-40

Beijing

Laiwu

4,400

657

Tangshan

Tangshan

4,450

664

-80

Tianjin

Haicheng

4,300

642

-10

Guangzhou

Haicheng

4,600

687

Average

4,422

660

-26

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

$1 = RMB 6.7


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