Section steel prices in local Chinese market – week 21

Monday, 19 May 2014 12:20:24 (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

3,380

542

↓50

Beijing

Tangshan

3,010

482

↓30

Tangshan

Tangshan

3,050

489

↓50

Tianjin

Zhaobo

3,350

537

0

Guangzhou

Tongsteel

3,480

558

↓20

Average

3,254

521

↓30

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,250

521

↓40

Beijing

Xuangang

3,170

508

↓30

Tangshan

Tangshan

3,080

494

↓60

Tianjin

Jiangtian

3,100

497

↓70

Guangzhou

Liusteel

3,580

574

↓20

Average

3,236

519

↓44

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,420

548

0

Beijing

Laiwu

3,290

527

↓30

Tangshan

Tangshan

3,190

511

↓60

Tianjin

Haicheng

3,220

516

↓30

Guangzhou

Haicheng

3,650

585

↓20

Average

3,354

538

↓28

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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