Section steel prices in local Chinese market

Monday, 06 February 2012 12:20:18 (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

4,300

681

0

Beijing

Tangshan

4,000

634

0

Tangshan

Tangshan

4,020

637

-40

Tianjin

Zhaobo

4,120

653

-100

Guangzhou

Tongsteel

4,500

713

0

Average

4,188

664

-28

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,300

681

0

Beijing

Xuangang

4,300

681

0

Tangshan

Tangshan

4,090

648

+10

Tianjin

Jiangtian

3,930

623

0

Guangzhou

Liusteel

4,600

729

0

Average

4,244

673

+2

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,350

689

0

Beijing

Laiwu

4,350

689

0

Tangshan

Tangshan

4,180

662

-20

Tianjin

Haicheng

4,150

658

-80

Guangzhou

Haicheng

4,500

713

0

Average

4,306

682

-20

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

$1 = RMB 6.31


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