News Room - Steel Prices

Posted on 11 Nov 2015

Steel price report as of November 11, 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	1970	2000	1930	2160	2250	2270	2150	2280	2160	2200	2300	2500	2170
螺纹钢 Rebar HRB400	Φ16mm	1900	1910	1880	2000	2110	2040	2100	2110	2240	2150	2270	2410	2060
角钢 Angle Bar Q235	5#	2150	2150	2180	2200	2270	2320	2100	2100	2300	2520	2500	2550	2370
中厚板 Plate Q235	20mm	1930	1910	1910	1950	1950	1900	1960	1990	2010	2200	2150	2220	2000
热板卷 HRC Q235	3.0mm	1920	1840	1950	2030	2030	2080	2000	2060	2030	2230	2130	2350	2000
冷薄板 CRS SPCC	1.0mm	2700	2680	2850	2340	2330	2650	2600	2220	2500	2530	2600	2700	2700

Source: China Iron and Steel Association

 

Long steel

• Platts assessed 16-20mm diameter BS500 rebar at $252-255/metric ton FOB China actual weight Tuesday, down by $0.5/mt on the day. - source: Platts

 

• East China, domestic, grade-III 16-25mm rebar, traded at 1,930-1,950 yuan ($303-306) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,830-1,870 yuan ($287-294) per tonne, including VAT. – source: Steel First

 Flat steel

• On Tuesday, Platts assessed Q235 5.5mm HRC in Shanghai at Yuan 1,840-1,860/mt ex-stock with 17% VAT, down Yuan 5/mt on the day. - source: Platts

 

• Platts assessed SS400 HRC 3.0m thick at $260-265/metric ton FOB China Tuesday, with a midpoint of $262.50/mt, flat on the day and still at a near ten-year record low. - source: Platts

 

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,850-1,870 yuan ($291-294) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,730-1,750 yuan ($272-275) per tonne, including VAT – source: Steel First

Semis

 

• China, export, billet offered at $270-275 per tonne cfr, to the UAE. - source: Steel First

• Tangshan, domestic, billet, traded at 1,550 yuan ($243) per tonne, including VAT, 4pm Beijing. - source: Steel First

Steel Prices in Other Countries

 

Scrap

• Steel First's weekly assessment for imported HMS 1&2 (80:20) into India went up by an average of $5 per tonne on Friday November 6, to $185-195 per tonne cfr, compared with $175-195 per tonne cfr a week earlier. – source: Steel First

 

Semis

• Platts' daily CIS Black Sea billet assessment remained unchanged at $270/metric ton FOB Black Sea on Tuesday, with two purchases heard at price levels between $270-$273/mt FOB, several market sources said.- source: Platts

 

Bar/ Wire rod

• Turkey, export, rebar, offered at $345-350 per tonne cfr, theoretical weight basis, to Saudi Arabia. - source: Steel First

 

• On November 10, Platts lowered its monthly rebar and wire rod assessments by $16/mt on month to $290-300/mt and $300-310/mt FOB Black Sea respectively. – source: Platts

 

HRC/P

• On November 10, Platts decreased its monthly assessment of Russian export HRC and CRC prices to $270-275/mt and $330-335/mt FOB Black Sea respectively. - source: Platts