News Room - Steel Prices

Posted on 18 Sep 2015

Steel price report as of September 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	2110	2160	2190	2200	2360	2270	2220	2320	2270	2340	2290	2530	2160
螺纹钢 Rebar HRB400	Φ16mm	2000	2000	2110	2060	2120	2070	2190	2120	2260	2310	2280	2450	2100
角钢 Angle Bar Q235	5#	2320	2300	2270	2300	2370	2390	2300	2270	2530	2780	2600	2720	2500
中厚板 Plate Q235	20mm	2030	1980	2100	2040	2100	2010	2050	2050	2150	2470	2300	2340	2140
热板卷 HRC Q235	3.0mm	2130	2130	2180	2080	2080	2080	2150	2050	2250	2540	2240	2380	2400
冷薄板 CRS SPCC	1.0mm	2870	2780	3000	2500	2580	2780	2700	2410	2600	2700	2720	2800	2800

Source: China Iron and Steel Association

 

Long steel

• East China, domestic, grade-III 16-25mm rebar, traded at 2,000-2,040 yuan ($314-320) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,900-1,970 yuan ($298-309) per tonne, including VAT. - source: Steel First

 

• Platts assessed 6.5mm mesh-quality wire rod down $5/metric ton on-week at $289-291/mt FOB China. source: Platts

 

 

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,910-1,930 yuan ($300-303) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,000-2,010 yuan ($314-316) per tonne, including VAT - source: Steel First

 

• China, base export offer prices for commercial-grade, boron-containing HRC, $285-295 per tonne fob, October/November shipment - source: Steel First

 
Semis

 

• Tangshan, domestic, billet, traded at 1,740 yuan ($273) per tonne, including VAT, 3pm Beijing.    - source: Steel First

 

Steel Prices in Other Countries

Scrap

• Scrap import prices into Asia also fell last week. For Indian imports of containerized shredded, prices fell by $9/mt on the week to $232/mt CFR west coast port. – source: Platts

• The latest round of bulk export bookings by Turkish mills brought the tradeable value of HMS 80:20 to $200-$205/mt CFR Turkey. US bulk export sales were at $240/mt CFR Turkey in mid-August. – source: Platts

 

Semis

• Steel First's weekly price assessment for billet imports into Turkey was $300-310 per tonne cfr, which was $5 per tonne lower than the $305-315 per tonne of last week. - source: Steel First

 

• In Manila, a recent booking of 100mm 3sp billet from Russia took place at $285-290/metric ton CFR last week. In Vietnam, the lowest priced offers from China are around $280/mt CFR for 150mm Q235 billet. - source: Platts

 

Bar/ Wire rod

• Steel First assessed Southeast Asia import rebar prices at $285-300 per tonne cfr for the week to Monday September 14, down from $290-300 per tonne cfr a week ago. source: Steel First

 

 

 

• The Platts daily imported rebar price assessment dropped to $349-$354/st ($385-$390/mt) CIF Houston on Thursday, down from $360-$365/st ($397-$402/mt). - source: Platts

 

HRC/P

• Platts assessed European hot rolled coil unchanged Thursday at €355-365/metric ton ex-works Ruhr.  - source: Platts

 

• US HRC prices fell to $497 per tonne ($451 per ton), according to the latest SteelBenchmarker report, down 1.6% from $505 per tonne ($458 per ton) three weeks earlier. - source: Steel First