Section steel prices in local Chinese market – week 50

Monday, 10 December 2012 12:21:12 (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

594

0

Beijing

Tangshan

3,300

530

0

Tangshan

Tangshan

3,430

551

+160

Tianjin

Zhaobo

3,700

594

+50

Guangzhou

Tongsteel

3,780

607

+30

Average

3,582

575

+48

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,700

594

0

Beijing

Xuangang

3,500

562

-30

Tangshan

Tangshan

3,480

559

+180

Tianjin

Jiangtian

3,250

522

+100

Guangzhou

Liusteel

3,970

637

-30

Average

3,580

575

+44

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,800

610

0

Beijing

Laiwu

3,650

586

0

Tangshan

Tangshan

3,560

571

+90

Tianjin

Haicheng

3,550

570

0

Guangzhou

Haicheng

3,830

615

+30

Average

3,678

590

+24

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

$1 = RMB 6.23

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