Member's Area

Member's Area

News Room - Steel Prices

Posted on 07 Feb 2018

Steel price report as of February 6, 2018

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	4750	4710	3900	4050	4160	4200	4060	4050	4260	4430	4250	4730	3940
螺纹钢 Rebar HRB400	Φ16mm	3980	3980	3920	3930	3960	3970	4030	3970	4310	4360	4200	4800	4000
角钢 Angle Bar Q235	5#	4140	4100	4140	4250	4330	4300	4240	4380	4310	4500	4570	4450	4480
中厚板 Plate Q235	20mm	3950	3900	4010	4040	4020	4040	3950	4050	4200	4450	4180	4430	4040
热板卷 HRC Q235	3.0mm	4050	4060	3940	4200	4280	4170	4180	4250	4230	4530	4360	4600	4220
冷薄板 CRS SPCC	1.0mm	4660	4660	4920	4630	4730	4910	4770	4650	4730	4900	5200	5000	4780

Source: CISA

Average price	Price (yuan per ton)	Up/down (from the previous day)
8mm HPB300 high speed wire rod	4222	↑6
20mm HRB400 rebar	4102	↑8
2.75mm hot-rolled coil	4289	↑6
1.0mm cold-rolled coil	4767	↑3
8mm medium plate	4458	↑4

Source: SteelHome

Long steel

Asia
China Exports
Metal Bulletin''s appraisal of Chinese mills'' prices for export of commercial-quality carbon steel, $ per tonne fob main China port.
China export rebar $ per tonne fob main port	553.96 / 553.96	06 Feb 2018
China export wire rod (mesh quality) $ per tonne fob main port	560 / 580	06 Feb 2018
Eastern China Domestic
Metal Bulletin's appraisal of prices in eastern China for commercial-quality carbon steel of Chinese origin, yuan per tonne ex-warehouse.
Eastern China domestic rebar yuan per tonne ex-warehouse	3880 / 3940	06 Feb 2018
Northern China Domestic

Northern China Tangshan Domestic Billet ex-works Yuan per tonne	3640 / 3640	06 Feb 2018

- source: Metal Bulletin

In China's domestic market on the same day, spot prices for 18-25mm diameter HRB400 rebar were assessed at Yuan 4,100-4,120/mt ($652-655/mt) ex-stock actual weight including 17% VAT, stable from Monday. Prices are expected to remain at current level before the Lunar New Year holidays.– source: Platts

Flat steel

Asia
China Exports

China export cold rolled coil $ per tonne fob main port	610 / 615	06 Feb 2018
China export hot rolled coil $ per tonne fob main port	584.71 / 584.71	06 Feb 2018
China export heavy plate $ per tonne fob main port	565 / 570	06 Feb 2018
China export galvanized coil (1mm) $ per tonne fob main port	670 / 680	06 Feb 2018
Eastern China Domestic
Metal Bulletin's appraisal of prices in eastern China for commercial-quality carbon steel of Chinese origin, yuan per tonne delivered warehouse.
Eastern China domestic hot rolled coil yuan per tonne ex-warehouse	4110 / 4130	06 Feb 2018

S&P Global Platts assessed SS400 HRC 3 mm thick unchanged from Monday at $582-$584/mt FOB China, with the midpoint at $583/mt. On a CFR Southeast Asia basis, the same grade of coil was assessed at $594-$596/mt with a midpoint of $595/mt, also flat day on day. – source: Platts

Platts assessed Q235 5.5 mm HRC at Yuan 4,130-4,150/mt ($658-$661/mt) ex-stock including 17% VAT, implying a midpoint of Yuan 4,140/mt, unchanged day on day. On the Shanghai Futures Exchange, the mostactive May HRC contract closed at Yuan 4,010/mt on Tuesday, down Yuan 18/mt from Monday. – source: Platts

Steel Prices in Other Countries

Semis

S&P Global Platts assessed CIS export billet at $490/mt FOB Black Sea Tuesday, up $2.50/mt on day. - source: Platts

Bar/ Wire rod

Spot prices of seaborne rebar in Asia inched up slightly Tuesday as exporters increased their offers. S&P Global Platts assessed 16-20 mm diameter BS500 rebar at $551.50/mt FOB China actual weight, up 50 cents from Monday. source: Platts

S&P Global Platts assessed Turkish export rebar at $557.50/mt FOB Tuesday, up $2.50/mt on day. - source: Platts

HRC/P

The S&P Global Platts TSI hot-rolled coil index was up €4/mt Tuesday to €562/mt ($694.80/mt) ex-works Ruhr. - source: Platts

The daily Platts TSI US HRC assessment was calculated at $725.25/st Tuesday, up $4.75/st from Monday - source: Platts