Section steel prices in local Chinese market – week 17

Monday, 22 April 2013 14:12:32 (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

3,860

625

-40

Beijing

Tangshan

3,400

550

0

Tangshan

Tangshan

3,550

574

-20

Tianjin

Zhaobo

3,750

607

0

Guangzhou

Tongsteel

3,850

623

-30

Average

3,682

596

-18

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,800

615

-70

Beijing

Xuangang

3,500

566

0

Tangshan

Tangshan

3,550

574

-50

Tianjin

Jiangtian

3,460

560

-20

Guangzhou

Liusteel

3,950

639

0

Average

3,652

591

-28

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,880

628

-20

Beijing

Laiwu

3,700

599

+50

Tangshan

Tangshan

3,800

615

0

Tianjin

Haicheng

3,650

591

0

Guangzhou

Haicheng

3,930

636

0

Average

3,792

614

+6

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

$1 = RMB 6.18

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