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H-beam prices in local Chinese market - week 8

Wednesday, 22 February 2017 14:15:54 (GMT+3) | Shanghai

Product name	Specification (mm)	Category	City	Steel plant/origin	Price (RMB/mt)	Price ($/mt)	Weekly change (RMB/mt)
Common carbon H-Beam	150 x 150	Q235B	Shanghai	Laiwu Steel	3,400	494	↑260
			Beijing	Laiwu Steel	3,500	509	↑150
			Tangshan	Rizhao Steel	3,500	509	↑130
			Average price	-	3,467	504	↑180
	200 x 200		Shanghai	Maanshan Steel	3,430	499	↑220
			Beijing	Rizhao Steel	3,480	506	↑150
			Tangshan	Rizhao Steel	3,500	509	↑130
			Average price	-	3,470	504	↑167
	298 x149		Shanghai	Rizhao Steel	3,430	499	↑240
			Beijing	Laiwu Steel	3,500	509	↑150
			Tangshan	Rizhao Steel	3,520	512	↑130
			Average price	-	3,483	506	↑173
	400 x 400		Shanghai	Maanshan Steel	3,610	525	↑170
			Beijing	Jinxi Steel	3,640	529	↑150
			Tangshan	Jinxi Steel	3,640	529	↑130
			Average price	-	3,630	528	↑150
	450 x 200		Shanghai	Maanshan Steel	3,520	512	↑230
			Beijing	Jinxi Steel	3,520	512	↑150
			Tangshan	Jinxi Steel	3,550	516	↑130
			Average price	-	3,530	513	↑170
	700 x 300		Shanghai	Maanshan Steel	3,640	529	↑220
			Beijing	Jinxi Steel	3,560	517	↑110
			Tangshan	Jinxi Steel	3,560	517	↑130
			Average price	-	3,587	521	↑153

The above prices are ex-warehouse and include 17 percent VAT.

$1 = RMB 6.87

Tags: Beams Shipbuilding Plate Longs Flats 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.