Section steel prices in local Chinese market – week 32

Monday, 04 August 2014 14:19:14 (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

3,280

531

0

Beijing

Tangshan

2,880

466

↓20

Tangshan

Tangshan

3,010

487

0

Tianjin

Zhaobo

3,220

521

↓20

Guangzhou

Tongsteel

3,340

540

↓20

Average

 -

3,146

509

↓12

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,170

513

20

Beijing

Xuangang

2,900

469

↓50

Tangshan

Tangshan

3,020

489

↓10

Tianjin

Jiangtian

3,060

495

0

Guangzhou

Liusteel

3,420

553

0

Average

 -

3,114

504

8

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,370

545

0

Beijing

Laiwu

3,080

498

↓50

Tangshan

Tangshan

3,060

495

10

Tianjin

Haicheng

3,220

521

0

Guangzhou

Haicheng

3,370

545

↓20

Average

 -

3,220

521

↓12

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

$1 = RMB 6.18


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