Section steel prices in local Chinese market – week 35

Monday, 26 August 2013 15:34:41 (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

3,550

580

0

Beijing

Tangshan

3,250

531

50

Tangshan

Tangshan

3,460

565

-40

Tianjin

Zhaobo

3,580

585

0

Guangzhou

Tongsteel

3,650

596

0

Average

3,498

572

2

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,550

580

0

Beijing

Xuangang

3,400

556

50

Tangshan

Tangshan

3,500

572

-60

Tianjin

Jiangtian

3,390

554

0

Guangzhou

Liusteel

3,750

613

0

Average

3,518

575

-2

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,650

596

0

Beijing

Laiwu

3,540

578

0

Tangshan

Tangshan

3,560

582

-40

Tianjin

Haicheng

3,530

577

-20

Guangzhou

Haicheng

3,800

621

0

Average

3,616

591

-12

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

$1 = RMB 6.12

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