Section steel prices in local Chinese market

Monday, 07 November 2011 13:01:09 (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

4,470

707

-30

Beijing

Shougang

4,100

649

-20

Tangshan

Tangshan

4,330

685

-70

Tianjin

Zhaobo

4,350

688

-30

Guangzhou

Tongsteel

4,650

736

-50

Average

4,380

693

-40

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,450

704

-50

Beijing

Xuangang

4,400

696

-200

Tangshan

Tangshan

4,300

680

+40

Tianjin

Jiangtian

4,200

665

+60

Guangzhou

Liusteel

4,650

736

Average

4,400

696

-30

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,540

718

Beijing

Laiwu

4,500

712

-130

Tangshan

Tangshan

4,280

677

+30

Tianjin

Haicheng

4,350

688

Guangzhou

Haicheng

4,600

728

Average

4,454

705

-20

 

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

$1 = RMB 6.32


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