Steel price report as of July 16, 2018

Posted on 17 July 2018
 

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

5100

5160

3960

4450

4560

4410

4170

4280

4370

4360

4080

4520

4100

螺纹钢 Rebar HRB400

Φ16mm

4000

4030

3860

4080

4100

4080

4120

4100

4250

4180

4200

4580

4140

角钢 Angle Bar Q235

5#

4110

4090

4070

4150

4140

4150

4240

4350

4230

4450

4500

4480

4360

中厚板 Plate Q235

20mm

4200

4170

4370

4330

4320

4320

4240

4330

4380

4530

4470

4490

4370

热板卷 HRC Q235

3.0mm

4250

4200

4120

4340

4430

4360

4380

4370

4320

4550

4420

4600

4450

冷薄板 CRS SPCC

1.0mm

4630

4630

4750

4630

4690

4680

4700

4630

4630

4700

5360

4860

4620

Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

4367

↓13

20mm HRB400 rebar

4140

↓13

2.75mm hot-rolled coil

4374

↓3

1.0mm cold-rolled coil

4704

↑1

8mm medium plate

4692

­↓4

Source: SteelHome

 

Long steel

On the Shanghai Futures Exchange the October rebar contract closed CNY 1/tonne lower than Friday at CNY 3,958/t ($), while the same contract for hot rolled coil closed CNY 16/t higher at CNY 4,041/t. – source: Kallanish

East China, domestic, grade III 16-25mm rebar, traded at 4,040-4,080 yuan ($604-610) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 3,960-4,000 yuan per tonne, including VAT. – source: Metal Bulletin 

Flat steel

 

East China, domestic, commercial-grade HRC (4.5-12mm), traded at 4,250-4,280 yuan ($633-638) per tonne, including VAT.

North China, domestic, commercial-grade HRC (4.5-12mm), traded at 4,160-4,180 yuan per tonne, including VAT.  – source: Metal Bulletin

 

Semis

On Friday Kallanish maintained its weekly 5sp/ps or Q275120/125/130mm square billet price at $545-548/t cfr Manila. - source: Kallanish

China, billet, domestic, traded at 3,690 yuan ($551) per tonne, including VAT, at 3pm. – source: Metal Bulletin 

 

Steel Prices in Other Countries

 

Scrap

Hyundai Steel announced last Friday that it will maintain its bid prices for Japanese scrap. For the fourth consecutive week, the leading EAF operator in the country bid H2 and H1/H2 50:50 scrap at JPY 33,000/tonne ($293/t) and JPY 33,500/t respectively. – source: Kallanish

 

Semis

A cargo of CIS-origin billet shipped from ports in Russia's Far East province was heard booked via a trader within the range of $540-545 per tonne cfr to Thailand at the end of last week. - source: Metal Bulletin

Other billet offers from the Middle East were heard at $545 per tonne cfr Thailand, although traders in Asia said it was possible the material might actually be from Iran. - source: Metal Bulletin

Slab CIS Black Sea FOB at 520 - 530 USD/t source: Kallanish

 

Bar/ Wire rod

On the Shanghai Futures Exchange the October rebar contract closed CNY 1/tonne lower than Friday at CNY 3,958/t ($), while the same contract for hot rolled coil closed CNY 16/t higher at CNY 4,041/t. - source: Kallanish

 

HRC/P

Metal Bulletin's weekly price assessment for CIS-origin HRC exports was stable at $560-575 per tonne fob Black Sea on July 16. - source: Metal Bulletin

Kallanish held A36 prices Monday at $900-920/short ton, though several mills announced increases on specialized grades last week amounting to about $50/st. - source: Kallanish

  



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