Steel price report as of September 25, 2018

Posted on 25 September 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

5430

5420

4450

4790

4860

4880

4770

4790

4780

4670

4530

4630

4460

螺纹钢 Rebar HRB400

Φ16mm

4390

4400

4320

4640

4650

4690

4700

4660

4720

4470

4520

4720

4500

角钢 Angle Bar Q235

5#

4390

4400

4430

4290

4380

4350

4570

4500

4480

4740

4650

4630

4600

中厚板 Plate Q235

20mm

4390

4400

4420

4420

4430

4500

4480

4400

4610

4710

4440

4650

4490

热板卷 HRC Q235

3.0mm

4340

4330

4230

4380

4440

4400

4410

4460

4450

4660

4500

4720

4350

冷薄板 CRS SPCC

1.0mm

4810

4810

4900

4840

4900

4880

4950

4860

4860

4980

5450

5150

4780

Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

4779

↓7

20mm HRB400 rebar

4579

↓7

2.75mm hot-rolled coil

4449

↓9

1.0mm cold-rolled coil

4883

↓5

8mm medium plate

4798

↓12

Source: SteelHome

 

Long steel

  • East China, domestic, grade III 16-25mm rebar, traded at 4,530-4,570 yuan ($660-666) per tonne, including VAT.

  • North China, domestic, grade III 16-25mm rebar, traded at 4,330-4,380 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 ($623-626) per tonne, including VAT.
  • North China, domestic, commercial-grade HRC (4.5-12mm), traded at 4,190-4,200 yuan per tonne, including VAT. – source: Metal Bulletin

 

Semis

 

  • Prices for billet in the Chinese domestic market were at 3,990 yuan ($582) per tonne on September 21, down by 30 yuan week on week. – source: Metal Bulletin 

 

Steel Prices in Other Countries

 

Scrap

  • In BDSV’s scrap statistics, the price for sort E1 (old scrap) fell by €12.8 to €224.1/t. For E2/E8 (new scrap), it went down €12.7 to €254.8/t. E3 (old heavy scrap) fell €12 to €248.8/t;  E4 (shredded) saw the largest drop of €15.4 to €250.6/t; and E5 (turnings) dropped €13.1 to €202.4/t. – source: Kallanish

 

Semis

  • Metal Bulletin's price assessment for slab imports in Southeast Asia and East Asia was $520-535 per tonne cfr for the week ending Monday September 24, unchanged for the second consecutive week. - source: Metal Bulletin

 

  • CIS-origin billet was reportedly being offered at $485 per tonne fob Black Sea. - source: Metal Bulletin

 

Bar/ Wire rod

  • Ukrainian rebar offer prices were at $530 per tonne cfr Singapore on Monday September 24, while Turkish and Qatari rebar was on offer at $540 per tonne cfr Singapore.- source: Metal Bulletin

 

HRC/P

  • US plate, Kallanish held its A36 price Monday at $940-960/short ton. All prices are ex-works, domestic mill. - source: Kallanish

 

  • Kallanish held its hot-rolled price Monday at $840-890/short ton and its cold-rolled price at $950-1,000/st, at least some buyers have seen deals as low as $820/st for hot-rolled. All prices are ex-works, domestic mill. - source: Kallanish

 

  • Metal Bulletin's weekly price assessment for Russia-origin 4mm HR sheet was at 44,600-47,600 roubles ($670.52-715.62) per tonne cpt Moscow on Monday September 24, including 18% VAT, unchanged week on week as new prices had not been announced yet. – source: Metal Bulletin

 

  • Metal Bulletin's weekly price assessment for CIS-origin HRC exports was $530-540 per tonne fob Black Sea on September 24, narrowing downward from $530-545 per tonne fob Black Sea a week earlier on oversupply. – source: Metal Bulletin

 

  • Metal Bulletin's weekly price assessment for HRC imports in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $570-580 per tonne for the week ending Monday September 24, down from $580-585 per tonne. – source: Metal Bulletin

 



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