News Room - Steel Prices

Posted on 13 Sep 2016

Steel price report as of September 13, 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	2720	2620	2620	2630	2720	2760	2660	2550	2680	2780	2600	2920	2450
螺纹钢 Rebar HRB400	Φ16mm	2550	2500	2570	2420	2550	2500	2590	2510	2700	2920	2550	2850	2470
角钢 Angle Bar Q235	5#	2620	2640	2830	2700	2730	2740	2770	2880	2760	3010	2910	2800	2800
中厚板 Plate Q235	20mm	2650	2630	2700	2590	2630	2670	2620	2660	2750	2990	2920	3150	2750
热板卷 HRC Q235	3.0mm	2900	2880	2870	2780	2760	3000	3000	2850	2920	3240	3000	3230	2870
冷薄板 CRS SPCC	1.0mm	3620	3620	3680	3460	3420	3580	3660	3490	3500	3590	3540	3510	3560

Source: CISA

  

Average price	Price (yuan per ton)	Up/down (from the previous day)
8mm HPB300 high speed wire rod	2610	↓16
20mm HRB400 rebar	2538	↓20
2.75mm hot-rolled coil	2938	↓19
1.0mm cold-rolled coil	3489	↓9
8mm medium plate	3026	↓19

Source: SteelHome

 

Long steel

• East China, domestic, grade III 16-25mm rebar, traded at 2,340-2,360 yuan ($350-353) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 2,460-2,480 yuan ($368-371) per tonne, including VAT. – source: Metal Bulletin

• Platts assessed 16-20mm diameter BS500 rebar at $339-345/metric ton FOB China actual weight, down $2.5/mt from Friday. - source: Platts

 

• Platts assessed deal prices for 18-25mm diameter HRB400 rebar Friday at Yuan 2,515-2,525 /mt ($377-378/mt) ex-stock actual weight and including VAT, down Yuan 35/mt ($5/mt) from last Monday. - source: Platts

 

• In Beijing’s retail market Monday, spot prices of 18-25mm diameter HRB400 rebar were assessed at Yuan 2,515-2,525/mt ($376-378/mt) ex-stock actual weight including 17% VAT, down Yuan 35/mt ($5/mt) on the day. - source: Platts

 

 

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,680-2,700 yuan ($401-404) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,780-2,800 yuan ($416-419) per tonne, including VAT. – source: Metal Bulletin

 

• China, base export offer price for commercial-grade, boron-containing HRC, traded at $385-395 per tonne fob,  October/November shipments. – source: Metal Bulletin

 

• Platts assessed SS400 HRC 3.0mm thick at $374-380/metric ton FOB China, with a midpoint of $377/mt that was down $2/mt from last Friday. – source: Metal Bulletin

 

• In Shanghai’s dealer market the same day, Q235 5.5mm HRC was assessed at Yuan 2,700/mt ($404/mt) exstock with 17% VAT, down Yuan 40/mt from Friday. – source: Metal Bulletin

 

 

Semis

• Tangshan, domestic, billet, traded at 2,170 yuan ($324) per tonne, including VAT, 3pm Beijing. – source: Metal Bulletin

 

Steel Prices in Other Countries

 

Scrap

• Metal Bulletin’s daily index for Northern Europe-origin HMS 1&2 (80:20) closed at $214.00 per tonne cfr on Monday, up by $1.33 per tonne compared with Friday. - source: Metal Bulletin

 

Semis

• S&P Global Platts assessed its daily CIS export billet price at $320/metric ton FOB Black Sea Monday, stable on day. – source: Platts

 

 

Bar/ Wire rod

• Ideal prices of buyers in Hong Kong were already below $340/mt CFR actual weight (equivalent to $331/mt FOB), said a Shanghai-based trader. However, it might take some time to reach those price levels, said a Hong Kong-based stockist. - source: Platts

• The S&P Global Platts weekly assessment for 10mm diameter rebar held firm Friday 9 September at Real 1,690/metric ton ($516.61/mt) exworks, taxes excluded, based on range of Real 1,640-1,740/mt. - source: Platts

 

• S&P Global Platts assessed Turkish export rebar at $370-$380/metric ton FOB Turkey on Monday, with a midpoint of $375/mt FOB, stable on day. - source: Platts

 

• S&P Global Platts on Monday maintained its daily imported rebar assessment at $363-$367/st CIF.  - source: Platts

 

• S&P Global Platts on Monday maintained is weekly US Midwest rebar assessment at $490-$510/st ex-works. - source: Platts

 

HRC/P

• S&P Global Platts assessed European hot rolled coil €5/metric ton higher Monday at €440-450/metric ton exworks Ruhr. - source: Platts

 

• US HRC price assessment stable at $550-$570/st  - source: Platts

 

• Metal Bulletin sister publication AMM’s price assessment for cut-to-length plate is at $26.75 per hundredweight ($535 per ton), down from $28 per cwt ($560 per ton) previously.