Section steel prices in local Chinese market

Monday, 05 March 2012 12:16:20 (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

4,250

674

+30

Beijing

Tangshan

4,050

642

+80

Tangshan

Tangshan

4,200

666

+20

Tianjin

Zhaobo

4,180

662

+10

Guangzhou

Tongsteel

4,400

697

0

Average

4,216

668

+28

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,260

675

+20

Beijing

Xuangang

4,250

674

+50

Tangshan

Tangshan

4,230

670

+50

Tianjin

Jiangtian

4,040

640

+40

Guangzhou

Liusteel

4,520

716

+20

Average

4,260

675

+36

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,300

681

0

Beijing

Laiwu

4,360

691

+30

Tangshan

Tangshan

4,160

659

0

Tianjin

Haicheng

4,100

650

0

Guangzhou

Haicheng

4,400

697

0

Average

4,264

676

+6

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

$1 = RMB 6.31


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