Section steel prices in local Chinese market – week 9

Monday, 24 February 2014 14:24:36 (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

3,550

583

50

Beijing

Tangshan

3,040

499

Tangshan

Tangshan

3,180

522

40

Tianjin

Zhaobo

3,400

558

30

Guangzhou

Tongsteel

3,430

563

0

Average

3,320

545

24

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,450

567

-30

Beijing

Xuangang

3,200

525

0

Tangshan

Tangshan

3,340

548

70

Tianjin

Jiangtian

3,140

516

90

Guangzhou

Liusteel

3,680

604

-40

Average

3,362

552

18

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,590

589

10

Beijing

Laiwu

3,210

527

-50

Tangshan

Tangshan

3,380

555

20

Tianjin

Haicheng

3,460

568

0

Guangzhou

Haicheng

3,600

591

0

Average

3,448

566

-4

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

$1 = RMB 6.09


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