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Steel price report as of September 25, 2018
Steel Prices in China
Unit: yuan / ton |
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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