News Room - Steel Prices

Posted on 18 Aug 2015

Steel price report as of August 18, 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	2210	2200	2350	2370	2470	2340	2320	2440	2350	2470	2470	2450	2300
螺纹钢 Rebar HRB400	Φ16mm	2050	2050	2120	2210	2250	2150	2240	2400	2350	2420	2300	2450	2250
角钢 Angle Bar Q235	5#	2350	2350	2360	2270	2370	2360	2300	2330	2570	2780	2720	2780	2500
中厚板 Plate Q235	20mm	2230	2120	2160	2180	2200	2120	2120	2220	2250	2520	2250	2360	2200
热板卷 HRC Q235	3.0mm	2240	2250	2200	2150	2150	2250	2200	2150	2380	2540	2280	2460	2500
冷薄板 CRS SPCC	1.0mm	2930	2800	3000	2550	2630	2800	2720	2500	2720	2750	2720	2850	2860

Source: China Iron and Steel Association

 

Long steel

• East China, domestic, grade-III 16-25mm rebar, traded at 2,160-2,200 yuan ($338-344) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 2,030-2,100 yuan ($317-328) per tonne, including VAT. - source: Steel First

 

• Offer prices for chrome-added wire rod imports to India from China have fallen by $5 per tonne to $330-335 per tonne cfr Mumbai for October shipments. - source: Steel First

   

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,020-2,030 yuan ($316-317) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,080-2,090 yuan ($325-327) per tonne, including VAT. - source: Steel First

 

• China, base export offer prices for commercial-grade, boron-containing HRC, $310-315 per tonne fob, September/October shipment. - source: Steel First

 

• Platts assessed SS400 HRC 3.0mm thick at $307-313/metric ton FOB China, implying a midpoint of $310/mt, flat on the day. - source: Platts 

 

Semis

 

• Tangshan, domestic, billet, traded at 1,810 yuan ($283) per tonne, including VAT, 3pm Beijing.  - source: Steel First

 

• Export offer prices for Chinese billet are unchanged from late last week at $290/metric ton FOB for 150mm Q235 and $295/mt FOB for Q275 billet. - source: Platts

 

Steel Prices in Other Countries

Scrap

• The average price of H2 scrap in Kanto region was at ￥22,333/ton, holding steady; that in Central region was at ¥20,020/ton, dropping by ¥300/ton and that in Kansai regions was at ￥22,575/ton, decreasing by ¥500/ton; all compared to the figures in the previous week. – source: Yieh

• Turkey, import; 31,000 tonnes of HMS 1&2 (80:20), 4,000 tonnes of bonus, average price $241 per tonne cfr; August 14, from the Baltic Sea.  - source: Steel First

 

Semis

• Steel First assessed billet prices in Southeast Asia at $308-325 per tonne cfr for the week to Monday August 17, widening downwards from $310-325 per tonne cfr a week earlier. - source: Steel First

 

• Platts assessed CIS billet at $320/metric ton FOB Black Sea Monday, stable on day. - source: Platts 

 

Bar/ Wire rod

 

• One midwestern distributor said Turkish rebar offers are $410-$415/st loaded truck in Houston and around $420/st loaded truck at East Coast ports for November arrival. The distributor said that 10% more of his accounts are willing to use imports this year, compared to last year. - source: Platts 

 

HRC/P

• Platts assessed European hot rolled coil unchanged Monday at €378-382/metric ton ex-works Ruhr. - source: Platts

 

• Platts held its HRC price assessment level Monday at $460-$470/st and its CRC assessment at $580-$590/st. All prices are normalized to a Midwest (Indiana) ex-works basis. - source: Platts