Section steel prices in local Chinese market – week 47

Monday, 19 November 2012 15:45:55 (GMT+3)   |   Shanghai
 

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

3,700

593

-20

Beijing

Tangshan

3,400

545

-80

Tangshan

Tangshan

3,420

548

-100

Tianjin

Zhaobo

3,750

601

-50

Guangzhou

Tongsteel

3,830

614

0

Average

3,620

580

-50

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,690

591

-10

Beijing

Xuangang

3,630

582

0

Tangshan

Tangshan

3,430

550

-110

Tianjin

Jiangtian

3,270

524

-80

Guangzhou

Liusteel

3,950

633

0

Average

3,594

576

-40

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,800

609

0

Beijing

Laiwu

3,650

585

-30

Tangshan

Tangshan

3,600

577

-130

Tianjin

Haicheng

3,650

585

-50

Guangzhou

Haicheng

3,880

622

-20

Average

3,716

596

-46

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

$1 = RMB 6.24

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