Posted on 02 Jul 2013
China’s Steel prices
Long steel prices
- In Beijing, grade III rebar was traded at 3,320-3,370 yuan ($537-545)
per tonne, unchanged since last Thursday – source: MB
- In
Shanghai, rebar price was steady at 3,220-3,300 yuan ($520-533) per tonne
– source: MB
Flat steel prices
- Commercial-grade
HRC (4.5-12mm) in Shanghai traded at 3,450-3,470 yuan ($558-561) per tonne,
tightening upwards by 10 yuan ($2) per tonne from last Friday – source: MB
Steel Prices in other countries
Scrap
-
Taiwanese import prices of 80:20 (in container) were down
$1/mt week-on-week to $338/mt CFR Taiwan port on June 28 – source: SBB
-
In Turkey’s domestic market, auto bundle (DKP grade) scrap is
still priced at TRY $610-685/metric ton ($317-356) delivered to mill – source:
SBB
Bar
-
Taiwanese Feng Hsin’s list price for base-size bars remains
at TWD 17,100/metric ton ($569/mt) ex-works central-west Taichung effective
Monday – source: SBB
-
HRC
-
Taiwanese re-roller Chung Hung Steel has cut export prices of
its hot rolled by $10-20/metric ton for August deliveries to around $520-530/mt
FOB – source: SBB
