Section steel prices in local Chinese market – week 26

Monday, 23 June 2014 13:39:14 (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

3,300

530

0

Beijing

Tangshan

2,900

465

↓70

Tangshan

Tangshan

2,980

478

↓10

Tianjin

Zhaobo

3,240

520

0

Guangzhou

Tongsteel

3,380

543

↓50

Average

3,160

507

↓26

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,170

509

↓10

Beijing

Xuangang

3,130

502

↓20

Tangshan

Tangshan

3,000

482

↓30

Tianjin

Jiangtian

3,050

490

↓40

Guangzhou

Liusteel

3,450

554

↓50

Average

3,160

507

↓30

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,370

541

↓30

Beijing

Laiwu

3,200

514

↓30

Tangshan

Tangshan

3,050

490

↓70

Tianjin

Haicheng

3,220

517

0

Guangzhou

Haicheng

3,500

562

↓50

Average

3,268

525

↓36

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

$1 = RMB 6.23

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