Section steel prices in local Chinese market – week 12

Monday, 18 March 2013 15:03:56 (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

3,900

628

-20

Beijing

Tangshan

3,380

544

-20

Tangshan

Tangshan

3,600

580

-20

Tianjin

Zhaobo

3,800

612

-20

Guangzhou

Tongsteel

3,880

625

-20

Average

3,712

598

-20

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,900

628

Beijing

Xuangang

3,480

560

-120

Tangshan

Tangshan

3,650

588

+10

Tianjin

Jiangtian

3,450

556

-30

Guangzhou

Liusteel

3,950

636

Average

3,686

594

-28

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,900

628

-20

Beijing

Laiwu

3,600

580

-80

Tangshan

Tangshan

3,860

622

Tianjin

Haicheng

3,650

588

-70

Guangzhou

Haicheng

3,930

633

-50

Average

3,788

610

-44

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

$1 = RMB 6.21

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