Posted on 23 Aug 2017
Steel price report as of August 23, 2017
Steel Prices in China
|
Average price
|
Price (yuan per ton)
|
Up/down (from the previous day)
|
|
8mm HPB300 high speed wire rod
|
4362
|
↑14
|
|
20mm HRB400 rebar
|
4214
|
↑5
|
|
2.75mm hot-rolled coil
|
4320
|
↑16
|
|
1.0mm cold-rolled coil
|
4685
|
↑16
|
|
8mm medium plate
|
4349
|
↑13
|
Source: SteelHome
Long steel
- East China, domestic, grade III 16-25mm rebar, traded at 4,050-4,120 yuan ($607-617) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 4,020-4,050 yuan ($602-607) per tonne, including VAT. – source: Metal Bulletin
- Metal Bulletin’s assessment of prices for October/November shipments of chromium-added mesh-quality wire rod was $560-570 per tonne fob for the week ended Tuesday August 22, up $10-15 per tonne from a week earlier. – source: Metal Bulletin
- Metal Bulletin’s assessment of prices for October/November shipments of 16-32mm chromium-added rebar was $565-570 per tonne fob on an actual weight basis for the week to Tuesday, up $10 per tonne week on week. – source: Metal Bulletin
- S&P Global Platts assessed 16-20mm diameter BS500 rebar at $547-549/mt FOB China actual weight, with the midpoint up $1/mt from Monday. – source: Platts
- Hesteel Group, the major north China construction steel producer, will lift its domestic rebar list prices by Yuan 50/mt ($7.5/mt) to Yuan 4,150/mt ($623/mt) for the August 21-31 period, it announced Tuesday. – source: Platts
Flat steel
- East China, domestic, commercial-grade HRC (4.5-12mm), traded at 4,120-4,150 yuan ($618-622) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 4,060-4,080 per tonne, including VAT.- source: Metal Bulletin
- Metal Bulletin’s assessment of prices for October shipments of commercial-grade, chromium-added plate was $520-535 per tonne fob for the week ended Tuesday August 22, $5-7 per tonne wider in comparison with $525-528 per tonne fob in the preceding week – source: Metal Bulletin
- S&P Global Platts assessed SS400 HRC 3mm thick at $552/mt FOB China, flat day on day. – source: Platts
Semis
- China, domestic, billet, traded at 3,850 yuan ($577) per tonne, including VAT, at 3pm. – source: Metal Bulletin
Steel Prices in Other Countries
Scrap
- Metal Bulletin’s daily scrap index for Northern Europe-origin HMS 1&2 (80:20) scrap closed the day unchanged at $347.05 per tonne cfr. - source: Metal Bulletin
Semis
- S&P Global Platts assessed CIS export billet at $500/mt Tuesday, unchanged from Monday. - source: Platts
- Ukraine, export, billet, offered at $520 per tonne fob Black Sea. - source: Metal Bulletin
Bar/ Wire rod
- Ukraine, export, wire rod, offered at $570 per tonne fob Black Sea. - source: Metal Bulletin
- Ukraine, export, rebar, offered at $550 per tonne fob Black Sea - source: Metal Bulletin
- S&P Global Platts assessed Turkish export rebar at $535/mt FOB Tuesday, unchanged from Monday. - source: Platts
HRC/P
- S&P Global Platts calculated its Platts TSI hot-rolled coil price as stable Tuesday at €517.50/mt ($609.05/mt) ex-works Ruhr on the daily spot market. - source: Platts
- US HRC price assessment steady at $620-$640/st - source: Platts
