Section steel prices in local Chinese market – week 21

Monday, 20 May 2013 14:24:16 (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

3,660

596

-90

Beijing

Tangshan

3,280

534

-20

Tangshan

Tangshan

3,380

550

-30

Tianjin

Zhaobo

3,650

594

-50

Guangzhou

Tongsteel

3,700

603

-30

Average

3,534

576

-44

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,600

586

-80

Beijing

Xuangang

3,460

564

-20

Tangshan

Tangshan

3,390

552

-40

Tianjin

Jiangtian

3,260

531

-30

Guangzhou

Liusteel

3,930

640

0

Average

3,528

575

-34

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,850

627

0

Beijing

Laiwu

3,630

591

-20

Tangshan

Tangshan

3,640

593

-60

Tianjin

Haicheng

3,650

594

0

Guangzhou

Haicheng

3,860

629

0

Average

3,726

607

-16

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

$1 = RMB 6.14

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