Section steel prices in local Chinese market – week 5

Monday, 26 January 2015 15:10:04 (GMT+3)   |   Shanghai

Product Name Spec. Category City  Steel Plant/Origin Price (RMB/mt) Price ($/mt) Weekly Change (RMB/mt)
Angle 1 mm x 1 mm x 5 mm Q235  Shanghai Masteel 2,780 444 ↓70
Beijing Tangshan 2,280 364 ↓140
Tangshan Tangshan 2,300 367 0
Tianjin Zhaobo 2,720 435 ↓30
Guangzhou Tongsteel 2,980 476 0
Average  - 2,612 417 ↓48
Channel 160 mm x 65 mm x 8.5 mm Q235 Shanghai Masteel 2,730 436 ↓70
Beijing Xuangang 2,270 363 ↓140
Tangshan Tangshan 2,320 371 ↓20
Tianjin Jiangtian 2,310 369 0
Guangzhou Liusteel 3,150 503 0
Average  - 2,556 408 ↓46
I Beam 21 mm x 118 mm x 10 mm Q235 Shanghai Laiwu 2,730 436 ↓70
Beijing Laiwu 2,550 407 ↓140
Tangshan  Tangshan 2,360 377 ↓10
Tianjin Haicheng 2,500 399 ↓10
Guangzhou Haicheng 3,110 497 0
Average  - 2,650 423 ↓46

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

$1 = RMB 6.26

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Width 40 - 400 mm
 
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