Section steel prices in local Chinese market – week 22

Monday, 26 May 2014 11:52:38 (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

3,360

538

↓20

Beijing

Tangshan

3,000

481

↓10

Tangshan

Tangshan

3,050

489

0

Tianjin

Zhaobo

3,300

529

↓50

Guangzhou

Tongsteel

3,480

558

0

Average

3,238

519

↓16

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,200

513

↓50

Beijing

Xuangang

3,150

505

↓20

Tangshan

Tangshan

3,080

494

0

Tianjin

Jiangtian

3,100

497

0

Guangzhou

Liusteel

3,550

569

↓30

Average

3,216

515

↓20

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,400

545

↓20

Beijing

Laiwu

3,270

524

↓20

Tangshan

Tangshan

3,180

510

↓10

Tianjin

Haicheng

3,220

516

0

Guangzhou

Haicheng

3,630

582

↓20

Average

3,340

535

↓14

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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