Section steel prices in local Chinese market – week 19

Monday, 06 May 2013 14:30:04 (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

3,770

611

-90

Beijing

Tangshan

3,300

535

-100

Tangshan

Tangshan

3,460

561

-90

Tianjin

Zhaobo

3,700

600

-50

Guangzhou

Tongsteel

3,750

608

-100

Average

3,596

583

-86

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,710

601

-90

Beijing

Xuangang

3,500

567

0

Tangshan

Tangshan

3,500

567

-50

Tianjin

Jiangtian

3,370

546

-90

Guangzhou

Liusteel

3,950

640

0

Average

3,606

584

-46

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,850

624

-30

Beijing

Laiwu

3,650

592

-50

Tangshan

Tangshan

3,720

603

-80

Tianjin

Haicheng

3,650

592

0

Guangzhou

Haicheng

3,880

629

-50

Average

3,750

608

-42

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

$1 = RMB 6.17

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