Section steel prices in local Chinese market – week 20

Monday, 12 May 2014 13:46:14 (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

3,430

550

↓30

Beijing

Tangshan

3,040

487

0

Tangshan

Tangshan

3,100

497

↓50

Tianjin

Zhaobo

3,350

537

↓20

Guangzhou

Tongsteel

3,500

561

0

Average

3,284

526

↓20

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,290

527

↓40

Beijing

Xuangang

3,200

513

0

Tangshan

Tangshan

3,140

503

↓60

Tianjin

Jiangtian

3,170

508

↓50

Guangzhou

Liusteel

3,600

577

0

Average

3,280

526

↓30

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,420

548

↓20

Beijing

Laiwu

3,320

532

0

Tangshan

Tangshan

3,250

521

↓70

Tianjin

Haicheng

3,250

521

0

Guangzhou

Haicheng

3,670

588

0

Average

3,382

542

↓18

The prices are on theoretical weight basis, all prices include 17 percent VAT and all prices are ex-warehouse.

$1 = RMB 6.24

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Width 40 - 400 mm
 
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