News Room - Steel Prices

Posted on 28 Jan 2016

Steel price report as of January 28, 2016

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	1920	1930	2060	2080	2080	2010	2070	2100	2230	2200	2570	2000
螺纹钢 Rebar HRB400	Φ16mm	1830	1850	1870	1910	1920	1870	1970	2020	2170	2240	2140	2490	1940
角钢 Angle Bar Q235	5#	2060	1980	2030	2000	2030	2060	2050	2050	2260	2480	2440	2470	2200
中厚板 Plate Q235	20mm	1840	1900	1890	1970	1970	1850	1870	2020	2140	2370	2100	2230	1950
热板卷 HRC Q235	3.0mm	1970	2000	1950	2030	2120	2120	2130	2140	2200	2320	2280	2430	2040
冷薄板 CRS SPCC	1.0mm	2750	2780	2750	2730	2750	2760	2630	2750	2700	2700	2820	2850	2660

Source: China Iron and Steel Association

 

Long steel

• Platts assessed 18-25mm diameter HRB400 rebar at Yuan 1,835-1,855/mt ($279-282/mt) ex-stock actual weight, including 17% VAT, up Yuan 5/mt ($1/mt) from the previous day. - source: Platts

• East China, domestic, grade-III 16-25mm rebar, traded at 1,830-1,860 yuan ($278-283) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,790-1,810 yuan ($272-275) per tonne, including VAT. – source: Steel First

 

 

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,000-2,040 yuan ($304-310) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,900-1,910 yuan ($289-290) per tonne, including VAT.   – source: Steel First

 

• China, base export offer prices for commercial-grade, chromium-added plate, $270-275 per tonne fob, March shipment.  – source: Steel First

• East China, domestic, commercial-grade 14-20mm plate, traded at 1,960-1,980 yuan ($298-301) per tonne, including VAT. – source: Steel First

 

• Platts assessed SS400 HRC 3.0mm thick at $269-275/metric ton FOB China, flat on the day. - source: Platts

 

• Platts assessed Q235 5.5mm HRC in Shanghai at Yuan 2,020-2,040/metric ton ($307-310/mt) ex-stock with 17% VAT Wednesday, implying a mid-point of Yuan 2,030/mt that was up Yuan 10/mt on the day. - source: Platts

Semis

• Tangshan, domestic, billet, traded at 1,540 yuan ($234) per tonne, including VAT, 3pm Beijing. - source: Steel First

Steel Prices in Other Countries

 

Scrap

• Turkey, import, 25,000 tonnes of HMS 1&2 (80:20) at $174.50 per tonne cfr, January 27, from the UK.  - source: Steel First

• Platts maintained its daily shredded scrap price assessment Wednesday at $190-$200/lt delivered Midwest mill. - source: Platts

• According to the Brazil Ministry of Development, Industry and Trade in December of 2015, Brazil exported 46,200 tons of carbon scrap steel, the prices were at US$152/tons FOB, compared to 39,500 tons in November, the prices were at US$ 153/ FOB. – source: Yieh

 

Semis

• Platts' daily CIS Black Sea billet assessment stood at $242.5/metric ton FOB Black Sea Wednesday, stable on day. - source: Platts

 

Bar/ Wire rod

• Northern Europe, domestic, category-2 H-beam (200x200mm), 500 tonnes, bought at €475 ($515) per tonne delivered. - source: Platts

 

• In Asia, Platts assessed 16-20mm diameter BS500 rebar at $248-253/metric ton FOB China. - source: Platts

 

• Platts assessed Turkish export rebar at $321/metric ton FOB on Wednesday, stable from Tuesday. - source: Platts

 

 

HRC/P

• ASEAN  hot rolled cold (HRC) steel import prices (CFR ASEAN port) edged up by $1 a ton  week-on-week to $292 a ton in the week ended January 22. - source: Scrap Monster

 

• Platts assessed domestic IS 2062 grade A/B structural HRC 3mm thick unchanged at Rupees 23,500-24,500/metric ton ($346-$360/mt).  - source: Platts

 

• Platts assessed north European hot rolled coil unchanged Wednesday at €320-325/metric ton ex-works Ruhr. - source: Platts

• HRC prices in the US steady at $400-$420/st. - source: Platts