Section steel prices in local Chinese market – week 20

Monday, 13 May 2013 15:13:20 (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

3,750

610

-20

Beijing

Tangshan

3,300

537

0

Tangshan

Tangshan

3,410

554

-50

Tianjin

Zhaobo

3,700

602

0

Guangzhou

Tongsteel

3,730

607

-20

Average

3,578

582

-18

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,680

598

-30

Beijing

Xuangang

3,480

566

-20

Tangshan

Tangshan

3,430

558

-70

Tianjin

Jiangtian

3,290

535

-80

Guangzhou

Liusteel

3,930

639

-20

Average

3,562

579

-44

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,850

626

0

Beijing

Laiwu

3,650

593

0

Tangshan

Tangshan

3,700

602

-20

Tianjin

Haicheng

3,650

593

0

Guangzhou

Haicheng

3,860

628

-20

Average

3,742

608

-8

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

$1 = RMB 6.15

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