Section steel prices in local Chinese market

Product Name

Specification

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

3,600

527

+20

Beijing

Shougang

3,400

498

-

Tangshan

Tangshan

3,520

515

-30

Tianjin

Zhaobo

3,400

498

-

Guangzhou

Tongsteel

3,650

534

-

Average

3,514

514

-2

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,550

520

+30

Beijing

Xuangang

3,580

524

+30

Tangshan

Tangshan

3,550

520

+10

Tianjin

Jiangtian

3,470

508

-

Guangzhou

Liusteel

3,800

556

+50

Average

3,590

526

+24

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,640

533

-

Beijing

Laiwu

3,630

531

+30

Tangshan

Tangshan

3,640

533

+20

Tianjin

Haicheng

3,520

515

-

Guangzhou

Haicheng

3,800

556

-

Average

3,646

534

+10