Steel price report as of 5 Mar, 2019

Posted on 05 March 2019
 

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

4370

4400

3730

4010

4000

3950

4050

3930

4050

4050

4030

4530

3940

螺纹钢 Rebar HRB400

Φ16mm

3760

3760

3700

3790

3850

3820

3840

3840

4120

3880

4060

4490

3900

角钢 Angle Bar Q235

5#

4000

3960

3970

3990

4050

3970

4150

4230

4100

4400

4380

4400

4350

中厚板 Plate Q235

20mm

3860

3880

4010

3920

3900

4040

3900

3930

4040

4100

3840

4060

3920

热板卷 HRC Q235

3.0mm

3800

3780

3750

3900

3910

3880

3900

4000

3900

4150

4020

4160

4030

冷薄板 CRS SPCC

1.0mm

4430

4430

4300

4300

4320

4260

4360

4260

4350

4380

5180

4560

4530

Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

4108

↓3

20mm HRB400 rebar

3994

↓7

2.75mm hot-rolled coil

4000

↓5

1.0mm cold-rolled coil

4368

↑2

8mm medium plate

4332

Source: SteelHome

 

Long steel

  • On the Shanghai Futures Exchange the May rebar contract closed CNY 4/tonne lower than Friday at CNY 3,811/t ($569/t), while the same contract for HRC closed down CNY 34/t at CNY 3,791/t. – source: Kallanish

 

  • East China, domestic, grade III 16-25mm rebar, traded at 3,800-3,860 yuan ($566-575) per tonne, including VAT.
  • North China, domestic, grade III 16-25mm rebar, traded at 3,820-3,860 yuan per tonne, including VAT. – source: Fastmarkets

 

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,870-3,900 yuan ($577-581) per tonne, including VAT.
  • North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,800-3,810 yuan per tonne, including VAT.– source: Fastmarkets

 

Semis 

  • China, billet, domestic, traded at 3,510 yuan ($523) per tonne, including VAT, at 3pm.– source: Fastmarkets

 

Steel Prices in Other Countries

 

Scrap

  • The daily index for Northern Europe-origin HMS 1&2 (80:20) was calculated at $310.38 per tonne cfr on Monday, up by just $0.84 per tonne from Friday. – source: Fastmarkets

 

Semis

  • Fastmarkets' weekly import price assessment for slab imports to Southeast Asia and East Asia was $460-480 per tonne cfr on Monday, unchanged from a week earlier. - source: Fastmarkets

 

  • Fastmarkets' weekly price assessment for CIS export slab was $495-500 per tonne fob Black Sea on February 25, up $85-90 per tonne from $405-415 per tonne fob on January 28. - source: Fastmarkets

 

  • Billet offers from the CIS are at $450-460 per tonne fob Black Sea compared with $460-470 per tonne fob in mid-February. – source: Fastmarkets

 

  • Iranian billet offers slipped to $400 per tonne fob during the week compared with $410-420 per tonne fob in previous weeks. – source: Fastmarkets

 

Bar/ Wire rod

  • Fastmarkets MB's import price assessment for rebar in Southeast Asia - which mainly looks at cargoes sold into Singapore on a theoretical weight basis - was $495-510 per tonne cfr for the week to Monday March 4, down $5 per tonne from a week earlier. - source: Fastmarkets

 

  • Fastmarkets MB's import price assessment for wire rod in Southeast Asia - which mainly looks at low-carbon mesh-quality material sold into the Philippines and Vietnam from China - was $530 per tonne cfr for the week to Monday, down $5 per tonne from $535 per tonne cfr from a week earlier. - source: Fastmarkets

 

HRC/P

  • A wide gulf remains in the US sheet market, highly dependent upon volume, mill, and region, Kallanish hears from market sources. Kallanish increased the floor of its prices on Monday to $710-750/short ton for hot-rolled and $820-860/st for cold-rolled. All prices are ex-works, domestic mill. - source: Kallanish

 

  • Kallanish maintained its A36 price at $960-980/short ton, a level its occupied for several weeks. Prior to last month’s $40/st increase, prices had been likewise steady at $940-960/st. - source: Kallanish

 

  • Fastmarkets MB's weekly import price assessment for HRC in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $545-550 per tonne cfr for the week ending Monday March 4, increasing by $5-10 per tonne from the preceding week. – source: Fastmarkets

 

  • Fastmarkets' weekly price assessment for CIS-origin exports of hot-rolled coil (HRC) was $520-530 per tonne fob Black Sea on March 4, unchanged week on week. – source: Fastmarkets 

 



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