News Room - Steel Prices

Posted on 20 May 2015

Steel price report as of May 20, 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	2480	2400	2380	2350	2500	2510	2450	2600	2580	2590	2630	2880	2420
螺纹钢 Rebar HRB400	Φ16mm	2230	2220	2280	2300	2370	2370	2390	2500	2640	2600	2500	2880	2360
角钢 Angle Bar Q235	5#	2600	2620	2570	2650	2660	2660	2550	2530	2850	3100	2840	2850	2780
中厚板 Plate Q235	20mm	2420	2350	2450	2400	2470	2450	2360	2500	2600	2800	2600	2800	2530
热板卷 HRC Q235	3.0mm	2610	2610	2480	2500	2580	2660	2620	2510	2600	2900	2600	2800	2730
冷薄板 CRS SPCC	1.0mm	3410	3300	3450	2930	3100	3270	3150	2880	3200	3170	3140	3400	3400

Source: China Iron and Steel Association

 

Long steel

• The average price of 6.5mm Q235 high speed wire rod decreased 9 yuan per tonne from the previous trading day to 2,469 yuan per tonne and that of 20mm HRB400 rebar dropped by 13 yuan per tonne to 2,369 yuan per tonne. – source: SteelHome

 

• East China, domestic, grade-III 16-25mm rebar, traded at 2,210-2,270 yuan ($361-371) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 2,190-2,230 yuan ($358-365) per tonne, including VAT.  – source: Steel First

 

Flat steel

• The average price of 2.75mm hot-rolled coil in China decreased by 8 yuan per tonne from the previous trading day to 2,609 yuan per tonne while that of 1.0mm cold-rolled coil down by 2 yuan per tonne to 3,176 yuan per tonne. – source: SteelHome

 

• SteelHome daily price assessment of 8mm medium plate in China reached 2,800 yuan per tonne, down 10 yuan per tonne from the previous trading day. – source: SteelHome

 

Steel Prices in Other Countries

Scrap

• The monthly average for Taiwanese scrap imports of HMS #1&2 80:20 fell by $2.40 a ton month-on-month during April to $230 ton CFR Taiwanese port. - source: Scrap Register

 

• The latest move means that Japan's largest electric arc furnace operator will pay ¥26,000 ($217) per tonne for overland arrivals of H2-grade scrap to its Utsunomiya plant; ¥25,000 ($209) for seaborne and overland deliveries to Tahara; ¥24,500 ($205) per tonne for those to Kyushu; ¥24,000 ($200) per tonne to Okayama; and ¥23,500 ($196) per tonne to Takamatsu. – source: Steel First

 

Semis

• Steel First assessed imported slab prices in Southeast Asia and East Asia at $300-320 per tonne cfr on May 18, down from the previous $310-325 per tonne range, which had been unchanged since April 13. – source: Steel First

• Platts assessed CIS billet at $376/metric ton FOB Black Sea Tuesday, stable on day. - source: Platts

 

 

Bar/ Wire rod

• Steel First assessed Southeast Asia import rebar prices on Monday May 18 at $345-355 per tonne cfr, compared with $345-360 per tonne cfr from a week ago.- source: Steel First

• According to company press release by Feng Hsin, the rebar prices will now be at NT$ 13,600 per ton The price for section steel during the week will be in the range of NT$ 17,500 per ton, holding steady when compared with the previous week prices.- source: Shanghai Metals Market

 

HRC/P

• India's export prices for hot rolled coil (HRC) have fallen over the past two weeks by $10 to $380-400 per tonne fob for July shipments. - source: Steel First

 

• Platts maintained its HRC price assessment Tuesday at $460-$465/st and its cold-rolled coil assessment at $570-$590/st. All prices are normalized to a Midwest (Indiana) ex-works basis. - source: Platts

 

• Platts kept its assessment of northwest European hot rolled coil stable Tuesday at €405/metric ton ex-works Ruhr. - source: Platts