News Room - Steel Prices

Posted on 06 Aug 2019

Steel price report as of 5 Aug, 2019

 

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	4720	4340	3920	4220	4190	4120	4200	4100	4270	4350	4080	4600	4000
螺纹钢 Rebar HRB400	Φ16mm	3830	3840	3840	3910	3940	3930	3890	3900	4190	3910	3920	4360	3920
角钢 Angle Bar Q235	5#	3990	4040	4090	3990	4050	4000	4260	4130	4160	4320	4420	4440	4400
中厚板 Plate Q235	20mm	3840	3820	3870	3870	3900	4000	3960	3890	4030	4170	4060	4190	3900
热板卷 HRC Q235	3.0mm	3880	3860	3790	3890	3980	3950	3900	3910	4000	4160	3970	4200	3940
冷薄板 CRS SPCC	1.0mm	4310	4310	4250	4240	4310	4220	4420	4210	4410	4380	5180	4600	4530

Source: CISA

 

Average price	Price (yuan per ton)	Up/down (from the previous day)
8mm HPB300 high speed wire rod	4161	↓29
20mm HRB400 rebar	3926	↓34
2.75mm hot-rolled coil	3948	↓13
1.0mm cold-rolled coil	4316	↓1
8mm medium plate	4265	↓11

Source: SteelHome

 

Long steel

• In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,710-3,730/tonne ($534-537/t), down CNY 100/t from the previous week. On the Shanghai Futures Exchange, meanwhile, the October rebar contract closed at CNY 3,816/t, CNY 30/t lower from the previous day and CNY 124/t lower than the week before. – source: Kallanish 

• East China, domestic, grade III 16-25mm rebar, traded at 3,820-3,850 yuan ($554-558) per tonne, including value-added tax.
• North China, domestic, grade III 16-25mm rebar, traded at 3,750-3,780 yuan per tonne, including VAT.– source: Fastmarkets

 

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,760-3,770 yuan ($545-546) per tonne, including VAT.
• North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,780 yuan per tonne, including VAT.– source: Fastmarkets

 

Semis

 

• China, billet, domestic, traded at 3,620 yuan ($525) per tonne, including value-added tax, at 3pm. – source: Fastmarkets

 

Steel Prices in Other Countries

 

Scrap

• The corresponding daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $294.06 per tonne on the same day, up by $0.23 per tonne from $293.83 per tonne a week ago. – source: Fastmarkets

 

• Fastmarkets' weekly West Coast steel scrap HMS 1&2 (80:20), export index, fob Los Angeles, remained stable at $285 per tonne on July 31. - source: Fastmarkets

 

• Fastmarkets' price assessment for bulk shipments of steel scrap HMS 1&2 (80:20 mix), cfr Vietnam, was $315-320 per tonne on August 2, up by $5 per tonne from a week earlier. - source: Fastmarkets

 

• Fastmarkets' price assessment for containerized cargoes of steel scrap HMS 1&2 (80:20 mix), US material import, cfr main port Taiwan, was $283-285 per tonne on Friday, widening downward by $2 per tonne from the previous day. - source: Fastmarkets

 

• Fastmarkets' weekly assessment for steel scrap, shredded, index, import, cfr Nhava Sheva, India, fell to $308.75 per tonne on August 2, from $311.50 per tonne one week earlier. - source: Fastmarkets

 

Semis

• On Friday, Kallanish lowered its weekly 5sp/ps or Q275120/125/130mm square billet price to $447-450/t cfr Manila, down $5 on week. - source: Kallanish

 

• The daily Fastmarkets price assessment for steel billet imports, cfr Southeast Asia was $450-455 per tonne on Friday August 2.  - source: Fastmarkets

 

HRC/P

• Kallanish assessed 2-2.7mm SAE1006 HRC at $500-505/t cfr Vietnam, down $5 on-week.- source: Kallanish

 

• Kallanish currently assesses hot-rolled at $580-600/short ton with cold-rolled at $750-770/st. All prices are ex-works, domestic mill.  – source: Kallanish