Section steel prices in local Chinese market

Monday, 26 September 2011 15:29:05 (GMT+3)   |  
 

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

4,760

744

-40

Beijing

Shougang

4,360

681

Tangshan

Tangshan

4,650

727

-40

Tianjin

Zhaobo

4,720

738

Guangzhou

Tongsteel

4,850

758

-20

Average

4,668

729

-20

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,780

747

-20

Beijing

Xuangang

4,850

758

Tangshan

Tangshan

4,620

722

-50

Tianjin

Jiangtian

4,490

702

-30

Guangzhou

Liusteel

4,800

750

-120

Average

4,708

736

-44

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,800

750

Beijing

Laiwu

4,850

758

Tangshan

Tangshan

4,670

730

-140

Tianjin

Haicheng

4,650

727

-30

Guangzhou

Haicheng

4,850

758

-20

Average

4,764

744

-38

The prices are on theoretical weight basis and all prices include 17 percent VAT.

$1 = RMB 6.40


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