Section steel prices in local Chinese market

Monday, 04 July 2011 14:48:29 (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

4,830

744

-20

Beijing

Shougang

4,180

644

-70

Tangshan

Tangshan

4,570

704

-70

Tianjin

Zhaobo

4,600

709

-50

Guangzhou

Tongsteel

4,800

740

-20

Average

4,596

708

-46

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,830

744

-30

Beijing

Xuangang

4,800

740

-30

Tangshan

Tangshan

4,520

696

-30

Tianjin

Jiangtian

4,380

675

-120

Guangzhou

Liusteel

4,820

743

-30

Average

4,670

720

-48

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,850

747

Beijing

Laiwu

4,830

744

-20

Tangshan

Tangshan

4,800

740

-

Tianjin

Haicheng

4,600

709

-20

Guangzhou

Haicheng

4,900

755

-20

Average

4,796

739

-12

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

$1 = RMB 6.47


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