Section steel prices in local Chinese market – week 8

Monday, 17 February 2014 18:07:00 (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

3,500

578

0

Beijing

Tangshan

3,040

502

-20

Tangshan

Tangshan

3,140

518

-20

Tianjin

Zhaobo

3,370

556

-20

Guangzhou

Tongsteel

3,430

566

20

Average

3,296

544

-8

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,480

624

-20

Beijing

Xuangang

3,200

528

-20

Tangshan

Tangshan

3,170

523

60

Tianjin

Jiangtian

3,050

503

0

Guangzhou

Liusteel

3,720

614

0

Average

3,324

558

4

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,580

590

-30

Beijing

Laiwu

3,260

538

-20

Tangshan

Tangshan

3,360

554

-40

Tianjin

Haicheng

3,460

571

0

Guangzhou

Haicheng

3,600

594

-20

Average

3,452

570

-22

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

$1 = RMB 6.06


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