Section steel prices in local Chinese market

Monday, 29 August 2011 14:06:15 (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

756

-20

Beijing

Shougang

4,360

682

30

Tangshan

Tangshan

4,830

756

40

Tianjin

Zhaobo

4,810

753

30

Guangzhou

Tongsteel

4,900

767

Average

4,746

743

16

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,840

757

-10

Beijing

Xuangang

4,820

754

-

Tangshan

Tangshan

4,900

767

70

Tianjin

Jiangtian

4,710

737

30

Guangzhou

Liusteel

5,000

782

Average

4,854

760

18

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,800

751

Beijing

Laiwu

4,850

759

Tangshan

Tangshan

4,940

773

-10

Tianjin

Haicheng

4,680

732

Guangzhou

Haicheng

4,950

775

Average

4,844

758

-2

 

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

$1 = RMB 6.39


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