Section steel prices in local Chinese market - week 11

Monday, 09 March 2015 14:22:24 (GMT+3)   |   Shanghai

Product Name Spec. Category City  Steel Plant/Origin Price (RMB/mt) Price ($/mt) Weekly Change (RMB/mt)
Angle 1 mm x 1 mm x 5 mm Q235  Shanghai Masteel 2,670 427 ↓30
Beijing Tangshan 2,210 353 ↓30
Tangshan Tangshan 2,280 364 ↑30
Tianjin Zhaobo 2,670 427 ↓50
Guangzhou Tongsteel 2,960 473 0
Average  - 2,558 409 ↓16
Channel 160 mm x 65 mm x 8.5 mm Q235 Shanghai Masteel 2,620 419 ↓30
Beijing Xuangang 2,200 351 ↓30
Tangshan Tangshan 2,300 367 0
Tianjin Jiangtian 2,290 366 ↓10
Guangzhou Liusteel 3,020 482 ↓80
Average  - 2,486 397 ↓30
I Beam 21 mm x 118 mm x 10 mm Q235 Shanghai Laiwu 2,570 411 ↓30
Beijing Laiwu 2,480 396 ↓30
Tangshan  Tangshan 2,350 375 ↑40
Tianjin Haicheng 2,470 395 ↑20
Guangzhou Haicheng 2,940 470 ↓70
Average  - 2,562 409 ↓14
 

The prices are on theoretical weight basis, all prices include 17 percent VAT and all prices are ex-warehouse.

$1 = RMB 6.26


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