Section steel prices in local Chinese market

Monday, 26 March 2012 15:47:50 (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

4,290

679

+20

Beijing

Tangshan

4,030

638

-20

Tangshan

Tangshan

4,180

661

-80

Tianjin

Zhaobo

4,350

688

+20

Guangzhou

Tongsteel

4,500

712

+20

Average

4,270

676

-8

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,290

679

+20

Beijing

Xuangang

4,250

672

0

Tangshan

Tangshan

4,260

674

0

Tianjin

Jiangtian

4,060

642

-20

Guangzhou

Liusteel

4,580

725

0

Average

4,288

678

0

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,320

684

+20

Beijing

Laiwu

4,430

701

+30

Tangshan

Tangshan

4,200

665

0

Tianjin

Haicheng

4,180

661

0

Guangzhou

Haicheng

4,480

709

+30

Average

4,322

684

+16

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

$1 = RMB 6.32


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