Section steel prices in local Chinese market – week 42

Monday, 15 October 2012 15:41:08 (GMT+3)   |  
       
 

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

3,690

589

+10

Beijing

Tangshan

3,400

542

0

Tangshan

Tangshan

3,550

566

-120

Tianjin

Zhaobo

3,800

606

0

Guangzhou

Tongsteel

3,900

622

0

Average

3,668

585

-22

Channel

160 mm x 65 mm x 8.5 mm

Q235

Shanghai

Masteel

3,690

589

-10

Beijing

Xuangang

3,550

566

+100

Tangshan

Tangshan

3,570

569

-130

Tianjin

Jiangtian

3,380

539

-140

Guangzhou

Liusteel

3,850

614

0

Average

3,608

575

-36

I Beam

250 mm x 118 mm x 10 mm

Q235

Shanghai

Laiwu

3,750

598

0

Beijing

Laiwu

3,600

574

+100

Tangshan

Tangshan

3,720

593

-70

Tianjin

Haicheng

3,750

598

0

Guangzhou

Haicheng

3,950

630

0

Average

3,754

599

+6

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

$1 = RMB 6.27


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