Medium plate prices drop in local Chinese market

Wednesday, 02 June 2010 12:04:37 (GMT+3)   |  
       

 

Product Name

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change(RMB/mt)

8 mm common carbon medium plate

Q235B

Shanghai

Xinyu Steel

4,700

688

-50

Tianjin

Tiangang Steel

4,640

679

-50

Lecong

Shaoguan Steel

5,080

744

-20

Average price

4,807

704

-40

20 mm common carbon medium plate

Q235

Shanghai

Magang

4,400

644

-100

Tianjin

Tiangang Steel

4,350

637

-50

Lecong

Shaoguan Steel

4,600

673

-20

Average price

4,450

652

-57

30 mm common carbon medium plate

Q235B

Shanghai

Magang

4,500

659

-100

Tianjin

Tiangang Steel

4,320

633

-50

Average price

4,410

646

-75

20 mm low alloy medium plate

Q345B

Shanghai

Magang

4,580

671

-120

Tianjin

Tiangang Steel

4,550

666

-50

Average price

4,565

668

-85

All prices are on theoretical weight basis and 17% VAT is included.

$1 = RMB 6.83


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