Section steel prices in local Chinese market - week 14

Monday, 30 March 2015 14:07:50 (GMT+3)   |   Shanghai
       

Product NameSpec.CategoryCity Steel Plant/OriginPrice (RMB/mt)Price ($/mt)Weekly Change (RMB/mt)
Angle1 mm x 1 mm x 5 mmQ235 ShanghaiMasteel2,680432↓20
BeijingTangshan2,430391↑50
TangshanTangshan2,530407↑50
TianjinZhaobo2,6704300
GuangzhouTongsteel2,980480↑50
Average -2,658428↑26
Channel160 mm x 65 mm x 8.5 mmQ235ShanghaiMasteel2,610420↓10
BeijingXuangang2,430391↑50
TangshanTangshan2,500403↑80
TianjinJiangtian2,500403↑80
GuangzhouLiusteel3,0104850
Average -2,610420↑40
I Beam21 mm x 118 mm x 10 mmQ235ShanghaiLaiwu2,600419↑50
BeijingLaiwu2,630424↑50
Tangshan Tangshan2,470398↑110
TianjinHaicheng2,620422↑110
GuangzhouHaicheng2,930472↓30
Average -2,650427↑58

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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