News Room - Steel Prices

Posted on 03 Jul 2015

Steel price report as of July 3, 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	2200	2310	2270	2200	2330	2370	2350	2290	2300	2380	2300	2500	2170
螺纹钢 Rebar HRB400	Φ16mm	2070	2060	2110	2080	2160	2220	2170	2250	2300	2350	2170	2550	2100
角钢 Angle Bar Q235	5#	2450	2500	2460	2520	2600	2600	2430	2420	2600	2870	2750	2780	2600
中厚板 Plate Q235	20mm	2170	2060	2280	2090	2100	2230	2120	2200	2350	2600	2350	2540	2160
热板卷 HRC Q235	3.0mm	2320	2300	2250	2400	2390	2400	2330	2330	2500	2750	2420	2530	2700
冷薄板 CRS SPCC	1.0mm	3180	3100	3200	2890	2900	3210	3100	2800	3000	2920	2980	3100	3230

Source: China Iron and Steel Association

 

Long steel

• Chinese billet prices have been heard as low as $310/mt CFR Taiwan, down from $340-$350/mt three weeks ago. – source: Platts

 

• East China, domestic, grade-III 16-25mm rebar, traded at 1,950-2,010 yuan ($318-328) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,980-2,020 yuan ($323-330) per tonne, including VAT.  – source: Steel First

 

• Tangshan, domestic, billet, traded at 1,820 yuan ($297) per tonne, including VAT, 3pm Beijing.  – source: Steel First

 

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,160-2,180 yuan ($353-356) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,100-2,120 yuan ($343-346) per tonne, including VAT. – source: Steel First

• Base export transaction prices for August-shipment commercial-grade, chromium-added plate were at $340-345 per tonne fob on Wednesday July 1, unchanged from Steel First's assessment last week. The prices are at their lowest since July 2007.  – source: Steel First

 

Steel Prices in Other Countries

Scrap

• Containerized scrap prices into Taiwan continued to slide Thursday, falling to $205-$210/mt CFR Taiwan for HMS I/II (80:20). - source: Platts

 

• Platts assessed US West Coast containerized HMS 80:20 at $185-$190/mt FAS Port of Los Angeles on Thursday. The assessment midpoint was down $6/mt on day. - source: Platts

 

Semis

• Platts assessed CIS billet at $345/metric ton FOB Black Sea Thursday, $2.5/mt down on day. - source: Platts

 

• Offers for China-origin billet were heard at $315-320 per tonne cfr in Vietnam, at $340 per tonne cfr in Indonesia, $340-345 per tonne cfr in Thailand, and $337-345 per tonne cfr in the Philippines, down some $10-20 per tonne from two weeks ago.  Steel First assessed billet prices in Southeast Asia on Monday June 29 at $375-380 per tonne cfr, unchanged for a seventh consecutive week. - source: Steel First

 

 

Bar/ Wire rod

• Platts yesterday lowered its daily domestic European rebar assessment by €2.50/mt to €425/mt effective ex-works. - source: Platts

 

• Steel First's weekly price assessment for wire rod exports out of Turkey was $425-430 per tonne fob, down from $445-450 per tonne last week, while the weekly price assessment for merchant bar exports came down to $470-480 per tonne fob from $480-490 per tonne. - source: Steel First

 

HRC/P

• Platts maintained its assessment of northwest European hot rolled coil at €380-€385/metric ton ex-works Ruhr on Thursday. - source: Platts

 

• The Southern European hot rolled cold (HRC) steel prices declined by another €8 per ton week-on-week to €372 per ton ex-works last week - source: Steel Index