News Room - Steel Prices

Posted on 15 Nov 2016

Steel price report as of November 14, 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	2930	2910	2920	3080	3120	3220	3090	3150	3410	3430	3440	3690	3120
螺纹钢 Rebar HRB400	Φ16mm	2850	2820	2720	2940	2980	2960	3020	3020	3460	3600	3420	3620	3100
角钢 Angle Bar Q235	5#	2900	2840	3140	2910	2890	2950	3040	3060	2950	3180	3130	3170	3040
中厚板 Plate Q235	20mm	3160	3180	3260	3180	3180	3250	3130	3200	3220	3420	3330	3600	3150
热板卷 HRC Q235	3.0mm	3400	3400	3250	3560	3520	3480	3420	3500	3520	3750	3700	3650	3490
冷薄板 CRS SPCC	1.0mm	4250	4250	4120	4210	4410	4400	4250	4210	4330	4460	4780	4110	4180

Source: CISA

 

Average price	Price (yuan per ton)	Up/down (from the previous day)
0 high speed wire rod	3184	↑1
20mm HRB400 rebar	3134	↑7
2.75mm hot-rolled coil	3570	↑3
1.0mm cold-rolled coil	4281	↑10
8mm medium plate	3597	↓9

Source: SteelHome

 

Long steel

• East China, domestic, grade III 16-25mm rebar, traded at 2,940-2,960 yuan ($431-434) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 2,930-2,970 yuan ($430-436) per tonne, including VAT. – source: Metal Bulletin

 

• Shagang itself raised its mid-November list prices for rebar and wire rod by 500 yuan ($73) per tonne and 400 yuan ($59) per tonne, respectively, last Friday. - source: Metal Bulletin

 

  

Flat steel

• East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,420 -3,430 yuan ($501-503) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,260-3,300 yuan ($478-484) per tonne, including VAT. – source: Metal Bulletin

 

• Base export offer prices, commercial-grade, boron-containing HRC, $485-495 per tonne fob, January/February shipments.  source: Metal Bulletin

 

• In Shanghai’s dealer market, Q235 5.5mm HRC was assessed at Yuan 3,400-3,430/mt ($497-501/mt) ex-stock with 17% VAT, down Yuan 50/mt from last Friday. – source: Platts

 

 Semis

• China, billet, domestic, traded at 2,520 yuan ($370) per tonne, including VAT. – 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 $267.21 per tonne cfr, up by $13.62 per tonne compared with Friday’s index. - source: Metal Bulletin

 

• The daily index for USA-origin material closed at $275.71 per tonne cfr, also up by $14.43 per tonne compared with Friday’s index. - source: Metal Bulletin

 

Semis

• Platts assessed Q275, 150mm square bar at $382/mt FOB China Tuesday, down $5.50/mt on the day.

• S&P Global Platts assessed its daily CIS export billet price at $385/metric ton FOB Black Sea Monday, unchanged from last Friday’s assessment. - source: Platts

 

Bar/ Wire rod

• Platts assessed 16-20mm diameter BS500 rebar at $402-408/metric ton FOB China actual weight, unchanged on the day. - source: Platts

 

• S&P Global Platts assessed Turkish export rebar at $432/mt FOB on Monday, up $7/mt from Friday. - source: Platts

 

• Icdas’s price for 10mm diameter rebar reached TRY 1,740/mt ex-works Monday, while 8mm diameter rebar was also up, to TRY 1,750/mt ex-works for Istanbul. - source: Platts

 

HRC/P

• S&P Global Platts maintained its assessment of European hot rolled coil at €475-485/metric tons ex-works Ruhr Monday. - source: Platts

 

• S&P Global maintained its daily HRC and cold-rolled coil assessments at $500-$520/st and $700-$720/st, respectively. Both prices are normalized to a Midwest (Indiana) ex-works basis. - source: Platts

 

• S&P Global Platts' weekly HRC assessment was Real 2,100-2,280/mt ($618-$670/mt) ex-works, excluding taxes. - source: Platts