News Room - Steel Prices

Posted on 16 Jul 2015

Seel price report as of July 16, 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	2050	2130	2150	2100	2230	2230	2200	2140	2150	2280	2230	2300	2030
螺纹钢 Rebar HRB400	Φ16mm	1950	1960	1960	1950	2000	2030	2070	2030	2150	2280	2100	2400	1950
角钢 Angle Bar Q235	5#	2400	2350	2360	2390	2500	2410	2350	2300	2550	2800	2700	2730	2500
中厚板 Plate Q235	20mm	2060	1950	2100	1970	2070	2020	1980	2000	2100	2460	2230	2420	2050
热板卷 HRC Q235	3.0mm	2140	2130	2120	2200	2270	2240	2200	2130	2250	2650	2320	2500	2600
冷薄板 CRS SPCC	1.0mm	3050	2950	3100	2850	2870	3110	2900	2650	2800	2860	2880	3000	3150

Source: China Iron and Steel Association

 

Long steel

• East China, domestic, grade-III 16-25mm rebar, traded at 1,850-1,910 yuan ($302-312) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,890-2,000 yuan ($308-326) per tonne, including VAT.   – source: Steel First

 

• Tangshan, domestic, billet, traded at 1,730 yuan ($282) per tonne, including VAT, 3pm Beijing.  – source: Steel First

• In Shanghai's dealer market for domestic business, Q195 6.5mm wire rod was assessed up by Yuan 95/mt ($15/mt) on the week to Yuan 1,980-2,000/mt ($319-322/mt) ex-stock including 17% VAT. - source: Platts

 

 

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,960-1,970 yuan ($320-321) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,980-1,990 yuan ($323-325) per tonne, including VAT. - source: Steel First

• China, base export transaction prices for commercial-grade, chromium-added plate, $310-320 per tonne fob, August/September shipment.

• East China, domestic, commercial-grade 14-20mm plate, traded at 1,980-2,010 yuan ($323-328) per tonne, including VAT. - source: Platts

 

Steel Prices in Other Countries

Scrap

• The daily index for Northern Europe-origin HMS 1&2 (80:20) scrap closed at $221.19 per tonne cfr, unchanged day-on-day. The daily USA-origin index closed at $227.83 per tonne cfr, also unchanged day-on-day.- source: Steel First

 

Semis

• Platts assessed CIS billet at $325/metric ton FOB Black Sea Wednesday, stable on day. - source: Platts

 

• Russia was the second largest slab exporter to Taiwan with the import quantity of 74,486 tons and the average price was about US$307/ton.  - source: Yieh

 

 

Bar/ Wire rod

• Platts yesterday lowered its daily domestic European rebar assessment by €9/mt to €415/mt effective ex-works to reflect the weakening in the German market.- source: Platts

 

• Platts assessed 6.5mm mesh quality wire rod unchanged at $310-315/metric ton FOB this week, marking the first week of no price change after eight straight weeks of falls starting mid-May.– source: Platts

 

HRC/P

• ASEAN hot rolled cold (HRC) steel import prices (CFR ASEAN port) declined sharply by $18 a ton to $330 a ton in the week ended July 10 - source: Steel Index

 

• HRC was assessed at €380-385/mt ex-works Ruhr Wednesday, unchanged since June 30, whilst CRC has been unchanged at €365-370/mt exw Ruhr since June 9. - source: Platts