Section steel prices in local Chinese market – week 5

Monday, 28 January 2013 14:35:47 (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

3,850

618

+50

Beijing

Tangshan

3,480

559

0

Tangshan

Tangshan

3,640

584

+90

Tianjin

Zhaobo

3,900

626

0

Guangzhou

Tongsteel

3,880

623

0

Average

3,750

602

+28

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,850

618

+50

Beijing

Xuangang

3,650

586

-50

Tangshan

Tangshan

3,600

578

+30

Tianjin

Jiangtian

3,460

555

+40

Guangzhou

Liusteel

3,950

634

-30

Average

3,702

594

+8

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,930

631

+50

Beijing

Laiwu

3,730

599

-100

Tangshan

Tangshan

3,800

610

+60

Tianjin

Haicheng

3,680

591

0

Guangzhou

Haicheng

3,960

636

0

Average

3,820

613

+2

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

$1 = RMB 6.23

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