Section steel prices in local Chinese market - week 13

Monday, 23 March 2015 16:26:53 (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 2,700 435 ↑50
Beijing Tangshan 2,380 383 ↑170
Tangshan Tangshan 2,480 399 ↑120
Tianjin Zhaobo 2,670 430 0
Guangzhou Tongsteel 2,930 472 0
Average  - 2,632 424 ↑68
Channel 160 mm x 65 mm x 8.5 mm Q235 Shanghai Masteel 2,620 422 ↑20
Beijing Xuangang 2,380 383 ↑180
Tangshan Tangshan 2,420 390 ↑40
Tianjin Jiangtian 2,420 390 ↑60
Guangzhou Liusteel 3,010 485 0
Average  - 2,570 414 ↑60
I Beam 21 mm x 118 mm x 10 mm Q235 Shanghai Laiwu 2,550 411 ↑30
Beijing Laiwu 2,580 415 ↑100
Tangshan  Tangshan 2,360 380 ↑20
Tianjin Haicheng 2,510 404 ↑20
Guangzhou Haicheng 2,960 477 ↑30
Average  - 2,592 417 ↑40

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

$1 = RMB 6.21

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