Section steel prices in local Chinese market – week 10

Monday, 04 March 2013 14:25:51 (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

3,950

634

-10

Beijing

Tangshan

3,480

559

0

Tangshan

Tangshan

3,620

581

0

Tianjin

Zhaobo

3,820

613

-110

Guangzhou

Tongsteel

3,900

626

0

Average

3,754

603

-24

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,930

631

-20

Beijing

Xuangang

3,650

586

0

Tangshan

Tangshan

3,620

581

+20

Tianjin

Jiangtian

3,470

557

-90

Guangzhou

Liusteel

3,950

634

0

Average

3,724

598

-18

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,950

634

-50

Beijing

Laiwu

3,700

594

0

Tangshan

Tangshan

3,820

613

+20

Tianjin

Haicheng

3,720

597

-30

Guangzhou

Haicheng

3,980

639

0

Average

3,834

615

-12

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

$1 = RMB 6.23

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