News Room - Steel Prices

Posted on 18 Nov 2015

Steel price report as of November 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	1960	1960	1910	2110	2250	2250	2130	2150	2140	2200	2300	2500	2140
螺纹钢 Rebar HRB400	Φ16mm	1860	1900	1850	1960	2050	2000	2030	2080	2240	2150	2250	2410	2070
角钢 Angle Bar Q235	5#	2110	2070	2130	2180	2230	2210	2060	2080	2270	2450	2500	2550	2370
中厚板 Plate Q235	20mm	1910	1880	1910	1910	1900	1850	1920	1960	2010	2170	2100	2220	1960
热板卷 HRC Q235	3.0mm	1890	1790	1880	2000	2000	2010	1930	2000	1990	2220	2120	2340	1960
冷薄板 CRS SPCC	1.0mm	2650	2620	2850	2310	2310	2620	2500	2210	2480	2530	2550	2700	2680

Source: China Iron and Steel Association

 

Long steel

• Platts assessed 16-20mm diameter BS500 rebar at $252-255/metric ton FOB China actual weight, implying a midpoint of $253.5/mt FOB and steady on the day. One trader quoted offers at about $275/mt CFR Hong Kong actual weight for rebar from a northern China mill. - source: Platts

 

• East China, domestic, grade-III 16-25mm rebar, traded at 1,830-1,870 yuan ($287-293) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,800-1,840 yuan ($282-289) per tonne, including VAT.– source: Steel First

 

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,830-1,860 yuan per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,720-1,740 yuan per tonne, including VAT   – source: Steel First

 

Semis

• Chinese billet offers have been heard at $270-285 per tonne cfr Turkey this week, up from $250-260 per tonne cfr last week. - source: Steel First

• Tangshan, domestic, billet, traded at 1,560 yuan ($245) per tonne, including VAT, 3pm Beijing. - source: Steel First

Steel Prices in Other Countries

Scrap

• Steel First's daily scrap index for Northern European HMS 1&2 (80:20) material stood at $193.24 per tonne cfr, unchanged compared with Monday. – source: Steel First

Semis

• Platts daily Black Sea billet assessment moved up $2/mt to $277/mt FOB Black Sea on Tuesday driven mostly by higher offers maintained by CIS and stronger buying in Egypt. - source: Platts

Bar/ Wire rod

• European prices for mesh-quality wire rod are reported to be around €320-330/mt effective delivered, with drawing-quality rod between €10/mt and €20/mt higher. - source: Platts

• In Germany and in France rebar prices are reported stable at around €110-120/metric ton base delivered. – source: Platts

HRC/P

• Steel First's weekly assessment for HRC import prices in Southeast Asia – which takes into account Chinese 2-3mm SAE1006-grade HRC in Vietnam – went unchanged for a second week at $270-280 per tonne cfr in the week ending November 16. - source: Steel First

• Platts assessed north European hot rolled coil unchanged Tuesday at €325-335/metric ton ex-works Ruhr. - source: Platts

• CIS mills were offering HRC generally in the range of $265-275/mt FOB to export markets including Turkey, while Chinese suppliers' offers were $5-10/mt lower, with longer lead-times.  - source: Platts