Section steel prices in local Chinese market – week 11

Monday, 10 March 2014 11:32:32 (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

3,540

577

-10

Beijing

Tangshan

3,040

495

0

Tangshan

Tangshan

3,160

515

10

Tianjin

Zhaobo

3,370

549

0

Guangzhou

Tongsteel

3,400

554

0

Average

3,302

538

0

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,450

562

0

Beijing

Xuangang

3,200

521

0

Tangshan

Tangshan

3,220

524

0

Tianjin

Jiangtian

3,160

515

10

Guangzhou

Liusteel

3,660

596

40

Average

3,338

544

10

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,540

577

-30

Beijing

Laiwu

3,240

528

30

Tangshan

Tangshan

3,380

550

0

Tianjin

Haicheng

3,420

557

-30

Guangzhou

Haicheng

3,670

598

20

Average

3,450

562

-2

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

$1 = RMB 6.14


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