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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