News Room - Steel Prices

Posted on 17 Dec 2015

Steel price report as of December 17, 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	1800	1810	1770	1920	1990	1940	1980	1900	2060	2160	2200	2470	2000
螺纹钢 Rebar HRB400	Φ16mm	1640	1650	1730	1740	1770	1700	1850	1850	2150	2030	2140	2390	1940
角钢 Angle Bar Q235	5#	2000	2000	1980	2030	2030	2060	1950	2040	2200	2370	2380	2500	2270
中厚板 Plate Q235	20mm	1780	1730	1840	1770	1780	1750	1750	1840	2000	2200	1940	2170	1760
热板卷 HRC Q235	3.0mm	1740	1740	1800	1900	1910	1890	1850	1900	1970	2170	2080	2320	1830
冷薄板 CRS SPCC	1.0mm	2530	2530	2550	2280	2330	2530	2370	2190	2550	2520	2450	2580	2370

Source: China Iron and Steel Association

 

Long steel

• Platts on Wednesday assessed 6.5mm mesh-quality rod down$5/metric ton week-on-week at $253-258/mt FOB China. - source: Platts

• East China, domestic, grade-III 16-25mm rebar, traded at 1,680-1,710 yuan ($260-264) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,600-1,620 yuan ($247-250) per tonne, including VAT.– source: Steel First

 

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,880-1,920 yuan ($291-297) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,770-1,780 yuan ($274-275) per tonne, including VAT   – source: Steel First

 

• Platts assessed Q235 5.5mm HRC in Shanghai at Yuan 1,840- 1,860/metric ton ($284-287/mt) ex-stock with 17% VAT Wednesday, up Yuan 10/mt on the day. - source: Platts

 

• Platts assessed SS400 HRC 3.0mm thick at $252-259/metric ton FOB China Wednesday, with a midpoint of $255.5/mt. - source: Platts

 

• China, base export offer prices for commercial-grade, chromium-added plate, $260-265 per tonne fob, February shipment. East China, domestic, commercial-grade 14-20mm plate, traded at 1,780-1,800 yuan ($275-278) per tonne, including VAT. – source: Steel First

 

Semis

 

• Tangshan, domestic, billet, traded at 1,460 yuan ($226) 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 closed at $187.58 per tonne cfr, unchanged day-on-day. – source: Steel First

 

Semis

• Platts daily CIS Black Sea billet assessment stood at $255/metric ton FOB Black Sea Wednesday, stable on day. - source: Platts

 

Bar/ Wire rod

• Malaysia, domestic, mills offering 16-32mm rebar at 1,430-1,450 ringgit ($331-335) per tonne delivered, excluding GST. Malaysia, domestic, mills offering 10-12mm rebar at 1,530-1,550 ringgit ($354-358) per tonne delivered, excluding GST. - source: Steel First

• Algeria, domestic, SAE 1008 wire rod, offered at 52,500 dinar ($490) per tonne ex works, VAT included.  - source: Steel First

• Spot prices of regionally traded wire rod in Asia fell again this week, in tandem with domestic Chinese prices that have been tracking downwards over the past month. Platts on Wednesday assessed 6.5mm mesh-quality rod down $5/metric ton week-on-week at $253-258/mt FOB China. - source: Platts

 

• Platts assessed 16-20mm diameter BS500 rebar down by $1/mt on the day at $244-248/mt FOB actual weight.– source: Platts

• Platts assessed Turkish export rebar at $330/metric ton FOB on Wednesday, stable from Tuesday. – source: Platts

 

HRC/P

• Platts assessed domestic IS 2062 grade A/B structural HRC 3mm thick down by Rupees 1,000/metric ton($15/mt) over the past week to Rupees 24,500- 25,500/mt ($367-382/mt) ex-works Wednesday. - source: Platts

 

• Platts assessed north European hot rolled coil unchanged Wednesday at €315-325/metric ton ex-works Ruhr. - source: Platts