Steel price report as of August 17, 2018

Posted on 17 August 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

5360

5340

4360

4700

4680

4720

4470

4620

4840

4680

4450

4620

4450

螺纹钢 Rebar HRB400

Φ16mm

4260

4250

4250

4390

4370

4400

4390

4500

4740

4510

4520

4710

4500

角钢 Angle Bar Q235

5#

4290

4360

4440

4260

4280

4280

4450

4380

4360

4640

4620

4540

4560

中厚板 Plate Q235

20mm

4370

4340

4420

4430

4400

4450

4420

4390

4530

4610

4510

4600

4450

热板卷 HRC Q235

3.0mm

4380

4350

4230

4380

4460

4400

4420

4420

4450

4650

4500

4620

4520

冷薄板 CRS SPCC

1.0mm

4670

4670

4810

4800

4770

4750

4810

4750

4880

4860

5350

4960

4640

Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

4716

↑30

20mm HRB400 rebar

4498

↑30

2.75mm hot-rolled coil

4457

↑12

1.0mm cold-rolled coil

4816

↑5

8mm medium plate

4799

↑3

Source: SteelHome

 

Long steel

  • For mid-August, Anyang Steel annouced it would lift its rebar, angle steel and section offers by CNY 116/tonne ($16.81/t). HRB400E Φ18-25mm rebar is offered at CNY 4,663.2/t, while 50mm angle steel and section is at CNY 4,483.4/t and CNY 4,471.8/t respectively.  – source: Kallanish

  • 6.5mm diameter mesh grade wire rod was assessed at $580-585/tonne fob China, higher by $5/t compared with last week. Market sources heard one state-owned-enterprise signed a contract at $584/t fob China for September shipment. – source: Kallanish

  • East China, domestic, grade III 16-25mm rebar, traded at 4,300-4,350 yuan ($621-629) per tonne, including VAT.

 

  • North China, domestic, grade III 16-25mm rebar, traded at 4,210-4,240 yuan per tonne, including VAT. – source: Metal Bulletin

 

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 4,280-4,300 yuan ($619-621) per tonne, including VAT.
  • North China, domestic, commercial-grade HRC (4.5-12mm), traded at 4,230-4,250 yuan per tonne, including VAT. – source: Metal Bulletin

 

  • Anyang Steel has increased Q235B thick plate in 14-25mm by CNY 58/t to CNY 4,802.4 but kept HRC offers stable at CNY 4,593.6/t. All offers are effective as from 15 August, and include VAT. - source: Kallanish

 

Semis

  • In Tangshan, billet prices were up CNY 10/t at CNY 4,010/t. - source: Kallanish

 

  • China, billet, domestic, traded at 4,000 yuan ($577) per tonne, including VAT, at 3pm. – source: Metal Bulletin 

 

Steel Prices in Other Countries

 

Scrap

  • Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) rose by $0.24 to $319.17 per tonne cfr, while the daily index for similar material from the US went up by $0.14 to $329.67 per tonne cfr. – source: Metal Bulletin

 

Semis

  • CIS, export, billet, offered at $520-525 per tonne cfr, to Egypt.

 

  • Turkey, export, billet, offered at $507-515 per tonne cfr, to Egypt. - source: Metal Bulletin

 

Bar/ Wire rod

  • SAE 1008 6.5mm dia wire rod assessed by Kallanish on Wednesday is maintained at $595-597/t cfr.- source: Kallanish

 

HRC/P

  • Kallanish currently puts hot-rolled at $900-920/st with cold-rolled at $1,000-1,020/st. All prices are ex-works, domestic mill. - source: Kallanish

  



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