News Room - Steel Prices

Posted on 27 Sep 2016

Steel price report as of September 26, 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	2700	2520	2460	2580	2670	2670	2540	2490	2600	2720	2500	2850	2410
螺纹钢 Rebar HRB400	Φ16mm	2480	2430	2450	2320	2420	2410	2520	2430	2630	2870	2470	2840	2400
角钢 Angle Bar Q235	5#	2460	2450	2670	2630	2650	2700	2730	2780	2700	2930	2740	2810	2700
中厚板 Plate Q235	20mm	2530	2500	2600	2500	2560	2610	2520	2560	2640	2960	2870	3070	2680
热板卷 HRC Q235	3.0mm	2830	2780	2780	2770	2760	2930	2920	2800	2850	3180	2900	3230	2800
冷薄板 CRS SPCC	1.0mm	3600	3620	3640	3410	3420	3510	3620	3430	3440	3500	3540	3520	3580

Source: CISA

 

Average price	Price (yuan per ton)	Up/down (from the previous day)
8mm HPB300 high speed wire rod	2611	↑21
20mm HRB400 rebar	2528	↑19
2.75mm hot-rolled coil	2941	↑25
1.0mm cold-rolled coil	3506	↑17
8mm medium plate	3011	↑16

Source: SteelHome

 

Long steel

• East China, domestic, grade III 16-25mm rebar, traded at 2,290-2,310 yuan ($343-346) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 2,420-2,440 yuan ($363-366) per tonne, including VAT. – source: Metal Bulletin

 

• Platts assessed 16-20mm diameter BS500 rebar at $328-332/metric ton FOB China actual weight, unchanged on the day. - source: Platts

 

  

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,730-2,740 yuan ($409-411) per tonne, including VAT.  North China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,740-2,760 yuan ($411-414) per tonne, including VAT.– source: Metal Bulletin

 

• China, base export offer price for commercial-grade, boron-containing HRC, traded at $380-385 per tonne fob, October/November shipments. – source: Metal Bulletin

 

• Platts assessed SS400 HRC 3.0mm thick at $367-373/metric ton FOB China, unchanged from last week. – source: Platts

 

• In Shanghai’s dealer market, Q235 5.5mm HRC was assessed at Yuan 2,750 ($412/mt) ex-stock with 17% VAT, up Yuan 15/mt on day. – source: Platts

 

  

Semis

• Tangshan billet price: 2,170 yuan ($325) per tonne, up 60 yuan ($9) from last Friday, after major producers raised their prices by 30 yuan ($4.50) per tonne twice over the weekend. – 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 $203.86 per tonne cfr, up by $1.99 per tonne compared with Friday’s index.  - source: Metal Bulletin

 

• As of September 23, HMS 1&2 (80:20) containerized scrap was at $196/mt CFR Taiwanese port, down $9/mt on week, according to the latest S&P Global TSI price index. – source: Platts

 

Semis

• Platts assessed its daily billet price at $315/mt FOB Black Sea Monday, $2.5/mt lower from Friday. – source: Platts

 

  

Bar/ Wire rod

• In Hong Kong, a deal was heard concluded at $340/mt CFR actual weight late last week, equivalent to $331/mt FOB assuming a freight rate of $9/mt, according to regional traders.. - source: Platts

 

• S&P Global Platts assessed Turkish export rebar at $370-375/metric ton FOB Turkey on Monday, with the midpoint of $372.50/mt FOB Turkey down $2.50/mt on day. - source: Platts

 

• Leading rebar maker Feng Hsin Steel lowered the list price of its rebar products and domestic procurement price for scrap by TWD 300/mt ($9.5/mt), trading sources in Taiwan said Monday. For the week to September 30, Feng Hsin’s list price for rebar was TWD 12,400/metric ton ex-works. - source: Platts

 

HRC/P

• Chinese offers for SAE coil were at $385-390/mt CFR Vietnam, with no deals concluded, a Vietnamese re-roller said Monday. Some deals for SAE coil were concluded at only $380/mt CFR Vietnam last Friday for January shipment. - source: Platts

  

• S&P Global Platts increased the midpoint of its European hot rolled coil assessment by €5/metric ton Monday, taking the range to €440-450/mt ex-works Ruhr. - source: Platts

 

• US HRC price assessment static at $520-$540/st - source: Platts