Section steel prices in local Chinese market – week 20

Monday, 14 May 2012 15:08:15 (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

4,280

677

-20

Beijing

Tangshan

3,900

617

-80

Tangshan

Tangshan

3,940

623

-40

Tianjin

Zhaobo

4,200

665

0

Guangzhou

Tongsteel

4,450

704

-20

Average

4,154

657

-32

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,300

680

-10

Beijing

Xuangang

4,150

657

0

Tangshan

Tangshan

3,980

630

-60

Tianjin

Jiangtian

3,860

611

-40

Guangzhou

Liusteel

4,500

712

0

Average

4,158

658

-22

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,320

684

-20

Beijing

Laiwu

4,300

680

-50

Tangshan

Tangshan

4,090

647

-10

Tianjin

Haicheng

4,080

646

-20

Guangzhou

Haicheng

4,350

688

-30

Average

4,228

669

-26

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

$1 = RMB 6.32

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