Section steel prices in local Chinese market – week 9

Monday, 25 February 2013 14:25:10 (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

3,960

635

0

Beijing

Tangshan

3,480

558

0

Tangshan

Tangshan

3,620

580

-100

Tianjin

Zhaobo

3,930

630

0

Guangzhou

Tongsteel

3,900

625

-30

Average

3,778

605

-26

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,950

633

0

Beijing

Xuangang

3,650

585

0

Tangshan

Tangshan

3,600

577

-80

Tianjin

Jiangtian

3,560

571

-10

Guangzhou

Liusteel

3,950

633

-50

Average

3,742

600

-28

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

4,000

641

0

Beijing

Laiwu

3,700

593

0

Tangshan

Tangshan

3,800

609

-40

Tianjin

Haicheng

3,750

601

+70

Guangzhou

Haicheng

3,980

638

-30

Average

3,846

616

0

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

$1 = RMB 6.25

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