Section steel prices in local Chinese market – week 22

Monday, 28 May 2012 14:25:26 (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

4,200

662

0

Beijing

Tangshan

3,700

584

-50

Tangshan

Tangshan

3,820

603

0

Tianjin

Zhaobo

4,050

639

0

Guangzhou

Tongsteel

4,370

689

-30

Average

4,028

635

-16

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

4,180

659

-50

Beijing

Xuangang

4,100

647

0

Tangshan

Tangshan

3,830

604

-50

Tianjin

Jiangtian

3,860

609

30

Guangzhou

Liusteel

4,370

689

-50

Average

4,068

642

-24

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,250

670

-30

Beijing

Laiwu

4,250

670

-50

Tangshan

Tangshan

3,990

629

-40

Tianjin

Haicheng

4,000

631

0

Guangzhou

Haicheng

4,350

686

0

Average

4,168

657

-24

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

$1 = RMB 6.34

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