Section steel prices in local Chinese market - Week 14

Monday, 02 April 2012 13:30:25 (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

684

+10

Beijing

Tangshan

4,060

645

+30

Tangshan

Tangshan

4,140

658

-40

Tianjin

Zhaobo

4,320

687

-30

Guangzhou

Tongsteel

4,500

715

0

Average

4,264

678

-6

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,310

685

+20

Beijing

Xuangang

4,250

676

0

Tangshan

Tangshan

4,210

669

-50

Tianjin

Jiangtian

4,040

642

-20

Guangzhou

Liusteel

4,550

723

-30

Average

4,272

679

-16

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,320

687

0

Beijing

Laiwu

4,430

704

0

Tangshan

Tangshan

4,200

668

0

Tianjin

Haicheng

4,180

665

0

Guangzhou

Haicheng

4,450

707

-30

Average

4,316

686

-6

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

$1 = RMB 6.29


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