Section steel prices in local Chinese market – week 33

Monday, 11 August 2014 14:21:49 (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

533

0

Beijing

Tangshan

2,830

460

↓50

Tangshan

Tangshan

2,990

486

↓20

Tianjin

Zhaobo

3,220

524

0

Guangzhou

Tongsteel

3,340

543

0

Average

 -

3,132

509

↓14

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,180

517

10

Beijing

Xuangang

2,850

463

↓50

Tangshan

Tangshan

3,000

488

↓20

Tianjin

Jiangtian

3,050

496

↓10

Guangzhou

Liusteel

3,420

556

0

Average

 -

3,100

504

↓14

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,350

545

↓20

Beijing

Laiwu

3,030

493

↓50

Tangshan

Tangshan

3,030

493

↓30

Tianjin

Haicheng

3,220

524

0

Guangzhou

Haicheng

3,370

548

0

Average

 -

3,200

520

↓20

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

$1 = RMB 6.15


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