Section steel prices in local Chinese market – week 30

Monday, 23 July 2012 16:24:28 (GMT+3)   |  
 

Product Name

Specification

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

3,960

620

-90

Beijing

Tangshan

3,800

595

0

Tangshan

Tangshan

3,550

556

-250

Tianjin

Zhaobo

3,880

607

-170

Guangzhou

Tongsteel

4,100

642

-70

Average

3,858

604

-116

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,950

618

-100

Beijing

Xuangang

4,080

638

-20

Tangshan

Tangshan

3,650

571

-250

Tianjin

Jiangtian

3,490

546

-220

Guangzhou

Liusteel

4,270

668

-10

Average

3,888

608

-120

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,000

626

-80

Beijing

Laiwu

4,050

634

-150

Tangshan

Tangshan

3,760

588

-140

Tianjin

Haicheng

3,870

606

-80

Guangzhou

Haicheng

4,130

646

-70

Average

3,962

620

-104

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

$1 = RMB 6.39


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