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H-beam prices in local Chinese market - week 2

Tuesday, 07 January 2020 14:17:33 (GMT+3) | Shanghai

Spec (mm) - Grade	City	Price (RMB/mt)	Price ($/mt)	Weekly change (RMB/mt)
150 x 150 (Q235B)	Shanghai	3,650	524	+20
	Beijing	3,450	495	-50
	Tangshan	3,400	488	-60
	Average price	3,500	502	-30
200 x 200 (Q235B)	Shanghai	3,730	535	+20
	Beijing	3,450	495	-50
	Tangshan	3,460	496	-50
	Average price	3,547	509	-27
298 x149 (Q235B)	Shanghai	3,600	516	+20
	Beijing	3,450	495	-50
	Tangshan	3,460	496	-60
	Average price	3,503	503	-30
400 x 400 (Q235B)	Shanghai	3,810	547	+40
	Beijing	3,720	534	-50
	Tangshan	3,640	522	-60
	Average price	3,723	534	-23
450 x 200 (Q235B)	Shanghai	3,660	525	+20
	Beijing	3,460	496	-50
	Tangshan	3,460	496	-50
	Average price	3,527	506	-27
700 x 300 (Q235B)	Shanghai	3,800	545	+40
	Beijing	3,600	516	-50
	Tangshan	3,560	511	-60
	Average price	3,653	524	-23

The above prices are ex-warehouse and include 13 percent VAT.

$1 = RMB 6.97

Tags: Beams Longs China Far East Steelmaking

Gucci Gao

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I have a degree of Master of Science in Investment Analysis from the University of Stirling. ı have started my career in SteelOrbis, covering Chinese steel markets for more than 15 years. My main responsibilities involve gathering pricing data, followed by conducting fundamental analysis and making corresponding trend predictions.