News Room - Steel Prices

Posted on 22 Nov 2016

Steel price report as of November 21, 2016

Steel Prices in China

Unit: yuan / ton
Product	Specification	Beijing	Tianjin	Shenyang	Shanghai	Nanjing	Jinan	Zhengzhou	Wuhan	Guangzhou	Nanning	Chengdu	Kunming	Xi'an
高线 Wire Rod HPB300	Φ6.5mm	2970	2980	2900	2980	3040	3200	3140	3050	3320	3400	3470	3720	3090
螺纹钢 Rebar HRB400	Φ16mm	2830	2950	2700	2910	2920	2980	3120	2920	3360	3540	3280	3660	2950
角钢 Angle Bar Q235	5#	2960	2800	3040	2910	2870	2930	3000	3080	2950	3180	3030	3210	3000
中厚板 Plate Q235	20mm	3150	3100	3120	3130	3160	3140	3080	3220	3110	3340	3370	3620	3190
热板卷 HRC Q235	3.0mm	3470	3350	3120	3520	3500	3410	3380	3430	3400	3700	3710	3700	3400
冷薄板 CRS SPCC	1.0mm	4300	4100	4080	4190	4310	4200	4220	4190	4290	4380	4460	4170	4200

Source: CISA

 

Average price	Price (yuan per ton)	Up/down (from the previous day)
8mm HPB300 high speed wire rod	3061	↓17
20mm HRB400 rebar	2999	↓18
2.75mm hot-rolled coil	3464	↓11
1.0mm cold-rolled coil	4245	↓9
8mm medium plate	3504	↓15

Source: SteelHome

 

Long steel

• East China, domestic, grade III 16-25mm rebar, traded at 2,780-2,820 yuan ($404-409) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 2,730-2,750 yuan ($396-399) per tonne, including VAT. – source: Metal Bulletin

 

• Shagang also held its HPB300 wire rod price steady at Yuan 3,180/mt including VAT for sales up to the end of the month. - source: Platts

 

  

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,230-3,260 yuan ($469-473) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,100-3,150 yuan ($450-457) per tonne, including VAT. – source: Metal Bulletin

 

• China, base export offer price for commercial-grade, boron-containing HRC, traded at $475-485 per tonne fob, January/February shipments.  source: Metal Bulletin

 

• Platts assessed SS400 HRC 3.0mm thick at $440-445/metric ton FOB China, flat on day. In Shanghai’s dealer market, Q235 5.5mm HRC was assessed at Yuan 3,230-3,250/mt ($468-471/mt) ex-stock with 17% VAT, down Yuan 5/mt on day.– source: Platts

  

Semis

• China, billet, domestic, traded at 2,420 yuan ($351) per tonne, including VAT. – source: Metal Bulletin

 

Steel Prices in Other Countries

 

Scrap

• Metal Bulletin’s daily index for Northern Europe-origin HMS 1&2 (80:20) closed at $266.27 per tonne cfr, unchanged day-on-day. - source: Metal Bulletin

 

• The daily index for USA-origin material closed at $275.12 per tonne cfr, also unchanged day-on-day. - source: Metal Bulletin

 

Semis

• S&P Global Platts assessed its daily CIS export billet price at $387.50/metric ton FOB Black Sea Monday, down $2.50/mt on day. - source: Platts

 

• Kardemir reopened its domestic billet sales at much higher prices on Monday. The company set its new sales price for standard billet at $392-397/mt ex-works, significantly up $29/mt on its previous list price. Imported billet offers to Turkey in recent days have been generally around $400/mt CFR. - source: Platts

 

 

Bar/ Wire rod

• Platts assessed 16-20mm diameter BS500 rebar at $384-386/metric ton FOB China actual weight, down $5/mt on the day. - source: Platts

 

• S&P Global Platts on Monday raised its weekly US Midwest rebar assessment to $510-$525/st ex-works. This is up from $480-$495/st.- source: Platts

 

• S&P Global Platts assessed Turkish export rebar at $437.50/metric ton FOB Monday, stable from Friday. - source: Platts

 

HRC/P

• Turkey, domestic, hot rolled coil, offered at $520-525 per tonne ex-works, February production. Turkey, export, hot rolled coil, offered at $510-515 per tonne ex-works, February production. - source: Metal Bulletin

 

•  Russia, export, hot rolled coil, offered at $500 per tonne cfr, to Turkey. source: Metal Bulletin

 

• Ukraine, export, hot rolled coil, offered at $485-490 per tonne cfr, to Turkey.  - source: Metal Bulletin

 

• S&P Global Platts raised its daily cold-rolled coil assessment on Monday to $750-780/st from $740-$780/st. The hot-rolled coil assessment remained flat at $530-$560/st. Both assessments are normalized to an ex-works Midwest (Indiana) basis.- source: Platts