Section steel prices in local Chinese market – week 24

Monday, 09 June 2014 14:38:17 (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

3,330

532

↓ 30

Beijing

Tangshan

2,980

476

↓ 20

Tangshan

Tangshan

3,030

484

↓ 20

Tianjin

Zhaobo

3,300

527

0

Guangzhou

Tongsteel

3,430

548

↓ 50

Average

3,214

513

↓ 24

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,180

508

↓ 20

Beijing

Xuangang

3,150

503

0

Tangshan

Tangshan

3,080

492

0

Tianjin

Jiangtian

3,100

495

0

Guangzhou

Liusteel

3,530

564

↓ 20

Average

3,208

512

↓ 8

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,400

543

0

Beijing

Laiwu

3,250

519

↓ 20

Tangshan

Tangshan

3,160

505

↓ 20

Tianjin

Haicheng

3,220

514

0

Guangzhou

Haicheng

3,570

570

↓ 60

Average

3,320

530

↓ 20

The prices are on theoretical weight basis, all prices include 17 percent VAT and all prices are ex-warehouse.

$1 = RMB 6.26

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Width 40 - 400 mm
 
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