Steel price report as of July 31, 2017

Posted on 31 July 2017
 

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

4140

3780

3740

3940

3930

4010

3890

4000

4000

3950

3960

4380

3820

螺纹钢 Rebar HRB400

Φ16mm

3840

3740

3650

3820

3820

3810

3910

3930

4020

3960

4070

4300

4040

角钢 Angle Bar Q235

5#

3910

3850

3880

3810

3780

3760

4020

3940

3900

4080

4070

4300

3920

中厚板 Plate Q235

20mm

3610

3570

3650

3570

3610

3690

3640

3650

3680

3900

3800

3980

3610

热板卷 HRC Q235

3.0mm

3850

3800

3740

3890

3980

3940

3910

3850

3900

4120

3980

4230

3920

冷薄板 CRS SPCC

1.0mm

4270

4270

4460

4230

4260

4550

4330

4200

4330

4420

5190

4510

4370

Source: CISA  

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

3979

↑40

20mm HRB400 rebar

3938

↑33

2.75mm hot-rolled coil

3997

↑52

1.0mm cold-rolled coil

4350

↑41

8mm medium plate

4068

↑36

Source: SteelHome

 

Long steel

  • East China, domestic, grade III 16-25mm rebar, traded at 3,710-3,770 yuan ($550-559) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 3,670-3,720 yuan ($545-552) per tonne, including VAT.   – source: Metal Bulletin

 

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,770-3,800 yuan ($559-564) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,700-3,720 yuan ($549-552) per tonne, including VAT.  - source: Metal Bulletin

 

  • China, export, hot rolled coil, offered at $545 per tonne cfr, to Brazil. - source: Metal Bulletin

 

  • S&P Global Platts assessed SS400 HRC 3mm thick at $508/mt FOB China, up $3/mt on day. – source: Platts

 

  • Platts assessed Q235 5.5mm HRC at Yuan 3,770-3,790/mt ($559-562/mt) ex-stock with 17% VAT, implying a mid-point of Yuan 3,780/mt that was up Yuan 20/mt day on day. – source: Platts

 

 

Semis

  • China, billet, domestic, traded at 3,470 yuan ($515) per tonne, including VAT, at 3pm.  – source: Metal Bulletin

 

Steel Prices in Other Countries

 

Scrap

  • Platts assessed East Asian bulk HMS I/II 80:20 scrap at $303-305/mt CFR Wednesday, up from $285-$295/mt CFR in the previous week. The midpoint of $304/mt CFR is $14/mt higher on week.  - source: Platts

 

  • The Steel Index assessed Turkish imports HMS 1&2 80:20 scrap at $310/mt CFR Iskenderun Port, up 3.7% on week, and US domestic shredded scrap at $296/lt delivered US mill, flat on week. - source: Platts

 

  • Metal Bulletin’s daily scrap index for HMS 1&2 (80:20) from Northern Europe reached $312.68 per tonne cfr Turkey on Friday, up from $295.94 per tonne a week earlier. – source: Metal Bulletin

 

Semis

  • On Friday, S&P Global Platts raised its weekly CFR East Asia 120/130mm billet assessment to $470-475/mt CFR. The implied midpoint of $472.5 was $7.5 higher on week. - source: Platts

 

  • S&P Global Platts assessed CIS export billet at $445/mt on Friday, up $1/mt from Thursday. - source: Platts

 

Bar/ Wire rod

  • The Asian seaborne rebar market rose Friday. S&P Global Platts assessed 16-20mm diameter BS500 rebar at $493-495/mt FOB China actual weight, up $5/mt from Thursday. - source: Platts

 

  • S&P Global Platts assessed Turkish export rebar at $485/mt Friday, up $5/mt from Thursday. - source: Platts

 

HRC/P

  • S&P Global Platts maintained its northwest European hot-rolled coil price assessment at €495-505/mt ($581.87-593.63)/mt ex-works Ruhr Friday. - source: Platts

 

  • US HRC price assessment steady at $620-$630/st  - source: Platts

 

  • Turkey, domestic, hot rolled coil, traded at $530 per tonne ex-works, October production. Turkey, export, hot rolled coil, traded at $520-530 per tonne fob, to Europe. – source: Metal Bulletin 

 



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