Section steel prices in local Chinese market – week 16

Monday, 16 April 2012 14:30:00 (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

4,320

685

+20

Beijing

Tangshan

4,060

643

0

Tangshan

Tangshan

4,100

650

-40

Tianjin

Zhaobo

4,300

681

-20

Guangzhou

Tongsteel

4,500

713

0

Average

4,256

674

-8

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,320

685

+10

Beijing

Xuangang

4,250

674

0

Tangshan

Tangshan

4,210

667

0

Tianjin

Jiangtian

4,020

637

0

Guangzhou

Liusteel

4,550

721

0

Average

4,270

677

+2

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,360

691

+40

Beijing

Laiwu

4,430

702

0

Tangshan

Tangshan

4,220

669

0

Tianjin

Haicheng

4,180

662

0

Guangzhou

Haicheng

4,450

705

0

Average

4,328

686

+8

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

$1 = RMB 6.31


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