Section steel prices in local Chinese market – week 25

Monday, 17 June 2013 15:47:21 (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

3,450

563

-70

Beijing

Tangshan

3,150

514

-50

Tangshan

Tangshan

3,270

533

+40

Tianjin

Zhaobo

3,420

558

-40

Guangzhou

Tongsteel

3,550

579

-30

Average

3,368

549

-30

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,400

555

-50

Beijing

Xuangang

3,330

543

0

Tangshan

Tangshan

3,270

533

+50

Tianjin

Jiangtian

3,090

504

0

Guangzhou

Liusteel

3,800

620

-20

Average

3,378

551

-4

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,660

597

-80

Beijing

Laiwu

3,450

563

-50

Tangshan

Tangshan

3,480

568

-20

Tianjin

Haicheng

3,400

555

-100

Guangzhou

Haicheng

3,720

607

-20

Average

3,542

578

-54

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

$1 = RMB 6.13


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