Section steel prices in local Chinese market – week 16

Monday, 15 April 2013 15:01:21 (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

630

0

Beijing

Tangshan

3,400

549

+20

Tangshan

Tangshan

3,570

577

-10

Tianjin

Zhaobo

3,750

606

-50

Guangzhou

Tongsteel

3,880

627

0

Average

3,700

598

-8

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,870

625

0

Beijing

Xuangang

3,500

565

+20

Tangshan

Tangshan

3,600

582

+20

Tianjin

Jiangtian

3,480

562

+70

Guangzhou

Liusteel

3,950

638

0

Average

3,680

595

+22

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,900

630

0

Beijing

Laiwu

3,650

590

+50

Tangshan

Tangshan

3,800

614

-30

Tianjin

Haicheng

3,650

590

0

Guangzhou

Haicheng

3,930

635

0

Average

3,786

612

+4

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

$1 = RMB 6.19

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