Section steel prices in local Chinese market – week 22

Monday, 03 June 2013 15:42:56 (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

3,520

573

-80

Beijing

Tangshan

3,200

521

-60

Tangshan

Tangshan

3,230

526

-70

Tianjin

Zhaobo

3,460

564

-140

Guangzhou

Tongsteel

3,580

583

-70

Average

3,398

553

-84

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,450

562

-100

Beijing

Xuangang

3,330

542

-110

Tangshan

Tangshan

3,220

524

-140

Tianjin

Jiangtian

3,090

503

-150

Guangzhou

Liusteel

3,820

622

-80

Average

3,382

551

-116

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,740

609

-60

Beijing

Laiwu

3,500

570

-80

Tangshan

Tangshan

3,500

570

-100

Tianjin

Haicheng

3,500

570

-150

Guangzhou

Haicheng

3,740

609

-70

Average

3,596

586

-92

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

$1 = RMB 6.14


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