Section steel prices in local Chinese market – week 5

Monday, 26 January 2015 15:10:04 (GMT+3)   |   Shanghai
       

Product NameSpec.CategoryCity Steel Plant/OriginPrice (RMB/mt)Price ($/mt)Weekly Change (RMB/mt)
Angle1 mm x 1 mm x 5 mmQ235 ShanghaiMasteel2,780444↓70
BeijingTangshan2,280364↓140
TangshanTangshan2,3003670
TianjinZhaobo2,720435↓30
GuangzhouTongsteel2,9804760
Average -2,612417↓48
Channel160 mm x 65 mm x 8.5 mmQ235ShanghaiMasteel2,730436↓70
BeijingXuangang2,270363↓140
TangshanTangshan2,320371↓20
TianjinJiangtian2,3103690
GuangzhouLiusteel3,1505030
Average -2,556408↓46
I Beam21 mm x 118 mm x 10 mmQ235ShanghaiLaiwu2,730436↓70
BeijingLaiwu2,550407↓140
Tangshan Tangshan2,360377↓10
TianjinHaicheng2,500399↓10
GuangzhouHaicheng3,1104970
Average -2,650423↓46

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

$1 = RMB 6.26


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