Section steel prices in local Chinese market – week 25

Monday, 16 June 2014 13:48:03 (GMT+3)   |   Shanghai
 

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Angle

50 mm x 50 mm x 5 mm

Q235

Shanghai

Masteel

3,300

531

↓30

Beijing

Tangshan

2,970

477

↓10

Tangshan

Tangshan

2,990

481

↓40

Tianjin

Zhaobo

3,240

521

↓60

Guangzhou

Tongsteel

3,430

551

0

Average

3,186

512

↓28

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,180

511

0

Beijing

Xuangang

3,150

506

0

Tangshan

Tangshan

3,030

487

↓50

Tianjin

Jiangtian

3,090

497

↓10

Guangzhou

Liusteel

3,500

563

↓30

Average

3,190

513

↓18

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,400

547

0

Beijing

Laiwu

3,230

519

↓20

Tangshan

Tangshan

3,120

502

↓40

Tianjin

Haicheng

3,220

518

0

Guangzhou

Haicheng

3,550

571

0

Average

3,304

531

↓12

The prices are on theoretical weight basis, all prices include 17 percent VAT and all prices are ex-warehouse.

$1 = RMB 6.22


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