Chinese Steel in Main Local Market Update Price (Aug 12,2016)

Gobic Steel Hereby update the local market steel price of Today:

Date: Aug 12,2016

All the following prices are local price with VAT (17%) in RMB:

Hot Rolled Coils: 5.5MMX1500MMXC  Q235B OR SS400

Tianjin: RMB 2700/MT (USD 409/MT)     ↑ RMB 40/MT ( USD 6/MT)

Shanghai: RMB 2710/MT (USD 410/MT)     NO CHANGE

Cold Rolled Coils: 1.2MMX1250MMXC DC01:

Tianjin:     RMB 3160/MT (USD 463/MT)      NO CHANGE

Shanghai: RMB 3160/MT (USD 463/MT)     NO CHANGE

Hot Dipped Galvanized Steel Coils: 1.0MMX1250MMXC DC51D+Z Z80 Regular Spangle:

Tianjin:     RMB 3550/MT (USD 537/MT)      NO CHANGE

Shanghai: RMB 3410/MT (USD 463/MT)      ↑ RMB 10/MT ( USD 1.5/MT)

PPGI:0.3MMX1200MMXC CGCC Z30,Blue Sea,5um+10um/5um,PE:

Boxing:    RMB 4150 /MT (USD 628/MT)      NO CHANGE

Tinplate:  0.2MMX900MMXC   SPCC 1.4/1.4:

Tianjin:    RMB 4650 /MT (USD 705/MT)      NO CHANGE

(please notice that it is not Chinese exporting price)

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