Chinese domestic steel section prices rebound slightly

Monday, 07 July 2025 16:55:08 (GMT+3)   |   Shanghai

Chinese domestic steel section prices have rebounded slightly during the past seven days. 

As for billet, prices of the semi-finished steel product in the Chinese domestic market have kept at the same price level compare to last week. In Tangshan, the current price of Q235 150 mm x 150 mm square billet is at RMB 2,920/mt ($408/mt), the price of 165 mm x 225 mm rectangular billet stands at RMB 2,940/mt ($411/mt), while the price of 20MnSi billet is at around RMB 3,020/mt ($422/mt). The prices are all ex-mill, including 13 percent VAT.

Overall trading activity in the domestic steel section market has remained weak due to the off-season and hot weather, while traders have raised their prices slightly supported by the stability of billet prices. As for the week ahead, it is believed that steel section prices may indicate small fluctuations.

Product name Specification City Price (RMB/mt) Weekly change (RMB/mt) Price ($/mt) Weekly change ($/mt)
Angle (Q235) 50 mm x 50 mm x 5 mm Shanghai 3,350 20 468 3
Beijing 3,140 40 439 6
Tangshan 3,210 20 449 3
Tianjin 3,020 20 422 3
Guangzhou 3,350 20 468 3
Average price 3,214 24 449 4
Channel (Q235) 160 mm x 65 mm x 8.5 mm Shanghai 3,460 -20 484 -2
Beijing 3,110 40 435 6
Tangshan 3,190 20 446 3
Tianjin 3,000 20 420 3
Guangzhou 3,340 20 467 3
Average price 3,220 16 450 3
I-beam (Q235) 250 mm x 118 mm x 10 mm Shanghai 3,390 20 474 3
Beijing 3,220 40 450 6
Tangshan 3,280 -20 459 -2
Tianjin 3,080 10 431 2
Guangzhou 3,530 20 494 3
Average price 3,300 14 461 2

The prices are all ex-mill, including 13 percent VAT.

$1 = RMB 7.151


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