News Room - Steel Prices

Posted on 14 Apr 2015

Steel price report as of April 14, 2015

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	2510	2460	2400	2370	2620	2610	2530	2600	2680	2760	2780	3000	2560
螺纹钢 Rebar HRB400	Φ16mm	2280	2290	2320	2450	2510	2480	2520	2410	2750	2690	2720	2950	2480
角钢 Angle Bar Q235	5#	2620	2670	2550	2680	2700	2660	2570	2530	2840	3120	2890	3000	2780
中厚板 Plate Q235	20mm	2500	2420	2550	2500	2530	2600	2450	2580	2650	2960	2650	2930	2610
热板卷 HRC Q235	3.0mm	2490	2500	2570	2500	2600	2610	2530	2600	2650	3000	2690	2950	2650
冷薄板 CRS SPCC	1.0mm	3480	3450	3580	3130	3310	3480	3350	3040	3400	3480	3250	3600	3700

Source: China Iron and Steel Association

 

Long steel

• The average price of 6.5mm Q235 high speed wire rod increased 4 yuan per tonne from the previous trading day to 2,559 yuan per tonne and that of 20mm HRB400 rebar increased by 4 yuan per tonne to 2,484 yuan per tonne.  – source: SteelHome

 

• Prices for grade III 16-25mm rebar in Beijing were in the range of 2,240-2,340 yuan ($365-382) per tonne, up by 20-50 yuan ($3-8) per tonne from Monday. In Shanghai, the same product gained 10-20 yuan ($2-3) per tonne to trade at 2,260-2,320 yuan ($369-379) per tonne. All prices are inclusive of VAT. – source: Steel First

 

 

Flat steel

• The average price of 2.75mm hot-rolled coil in China increased by 2 yuan per tonne from the previous trading day to 2,636 yuan per tonne while that of 1.0mm cold-rolled coil down by 13 yuan per tonne to 3,347 yuan per tonne. – source: SteelHome

 

• SteelHome daily price assessment of 8mm medium plate in China reached 2,884 yuan per tonne, down by 1 yuan per tonne from the previous trading day. – source: SteelHome

• Commercial-grade HRC (4.5-12mm) in Shanghai was traded at 2,350-2,380 yuan ($383-388) per tonne, up 20-30 yuan ($3-5) per tonne from Monday's range. In Beijing, the same product was traded at 2,370-2,380 yuan ($387-388) per tonne, 20 yuan ($3) per tonne higher for the day.  All prices are inclusive of VAT. – source: Steel First

 

Steel Prices in Other Countries

Scrap

• Taiwanese import prices of 80:20 (in container) were down $9/mt on-week at $234/mt CFR Taiwan port last Friday, according to The Steel Index, a unit of Platts.  - source: Platts

 

• HMS 1&2 80:20 imported scrap prices were in the range of $263-265/mt CFR throughout last week, while melting scrap from shipbreaking is now being offered to mills in western Turkey (Ege Celik, Ozkanlar, IDC and Habas) at $265/mt, $5/mt higher than last week. - source: Platts

 

• The scrap base prices remained at around ￥24,000~24,500/ton in the Japanese Osaka region on April 13th. - source: Yieh

 

Semis

• Steel First assessed billet import prices in Southeast Asia at $375-380 per tonne cfr on Monday April 13 following the news of the booking, up from the $370-375 per tonne cfr range of the past three weeks. – source: Steel First

• Platts assessed its daily billet price at $362.5/metric ton FOB Black Sea on Monday, $2.5/mt up on the day. - source: Platts

 
Bar/ Wire rod

• Transaction prices for chromium-added rebar were heard in the Singapore city-state at $340-345 per tonne cfr on a theoretical weight basis, down from $345-355 per tonne cfr  a week ago, sources told Steel First on Monday April 13. – source: Steel First

 

• Turkish mills' 12-32 mm diameter domestic rebar list prices were generally in the range of TRY 1,350-1,370/metric ton exworks Monday, equivalent to $434-440/mt without 18% VAT, while stockists' prices were at around TRY 1,380-1,410/mt - source: Platts

 

• The southern European rebar reference price ex-works fell by €1/mt since a week earlier to €419/mt ($451/mt). The average of Platts FOB Black Sea export billet prices for last week increased by $10/mt to $360/mt, and the rebar-billet spread fell by $12/mt to $91/mt. - source: Platts

 

HRC/P

• Steel First assessed Southeast Asia's HRC import prices at $380-390 per tonne cfr on Monday April 13, down from the $390-395 per tonne cfr range seen in the previous two weeks and the lowest level since the assessment was launched in March 2013. - source: Steel First

• Platts kept its assessment of northwest European hot rolled coil stable Monday at €407.5/metric ton ex-works Ruhr. - source: Platts