Steel price report as of 5 Aug, 2019

Posted on 06 August 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

4720

4340

3920

4220

4190

4120

4200

4100

4270

4350

4080

4600

4000

螺纹钢 Rebar HRB400

Φ16mm

3830

3840

3840

3910

3940

3930

3890

3900

4190

3910

3920

4360

3920

角钢 Angle Bar Q235

5#

3990

4040

4090

3990

4050

4000

4260

4130

4160

4320

4420

4440

4400

中厚板 Plate Q235

20mm

3840

3820

3870

3870

3900

4000

3960

3890

4030

4170

4060

4190

3900

热板卷 HRC Q235

3.0mm

3880

3860

3790

3890

3980

3950

3900

3910

4000

4160

3970

4200

3940

冷薄板 CRS SPCC

1.0mm

4310

4310

4250

4240

4310

4220

4420

4210

4410

4380

5180

4600

4530

Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

4161

↓29

20mm HRB400 rebar

3926

↓34

2.75mm hot-rolled coil

3948

↓13

1.0mm cold-rolled coil

4316

↓1

8mm medium plate

4265

↓11

Source: SteelHome

 

Long steel

  • In Shanghai on Friday afternoon, 20mm HRB400 rebar was trading at CNY 3,710-3,730/tonne ($534-537/t), down CNY 100/t from the previous week. On the Shanghai Futures Exchange, meanwhile, the October rebar contract closed at CNY 3,816/t, CNY 30/t lower from the previous day and CNY 124/t lower than the week before. – source: Kallanish 
  • East China, domestic, grade III 16-25mm rebar, traded at 3,820-3,850 yuan ($554-558) per tonne, including value-added tax.
  • North China, domestic, grade III 16-25mm rebar, traded at 3,750-3,780 yuan per tonne, including VAT.– source: Fastmarkets

 

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,760-3,770 yuan ($545-546) per tonne, including VAT.
  • North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,780 yuan per tonne, including VAT.– source: Fastmarkets

 

Semis

 

  • China, billet, domestic, traded at 3,620 yuan ($525) per tonne, including value-added tax, at 3pm. – source: Fastmarkets

 

Steel Prices in Other Countries

 

Scrap

  • The corresponding daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $294.06 per tonne on the same day, up by $0.23 per tonne from $293.83 per tonne a week ago. – source: Fastmarkets

 

  • Fastmarkets' weekly West Coast steel scrap HMS 1&2 (80:20), export index, fob Los Angeles, remained stable at $285 per tonne on July 31. - source: Fastmarkets

 

  • Fastmarkets' price assessment for bulk shipments of steel scrap HMS 1&2 (80:20 mix), cfr Vietnam, was $315-320 per tonne on August 2, up by $5 per tonne from a week earlier. - source: Fastmarkets

 

  • Fastmarkets' price assessment for containerized cargoes of steel scrap HMS 1&2 (80:20 mix), US material import, cfr main port Taiwan, was $283-285 per tonne on Friday, widening downward by $2 per tonne from the previous day. - source: Fastmarkets

 

  • Fastmarkets' weekly assessment for steel scrap, shredded, index, import, cfr Nhava Sheva, India, fell to $308.75 per tonne on August 2, from $311.50 per tonne one week earlier. - source: Fastmarkets

 

Semis

  • On Friday, Kallanish lowered its weekly 5sp/ps or Q275120/125/130mm square billet price to $447-450/t cfr Manila, down $5 on week. - source: Kallanish

 

  • The daily Fastmarkets price assessment for steel billet imports, cfr Southeast Asia was $450-455 per tonne on Friday August 2.  - source: Fastmarkets

 

HRC/P

  • Kallanish assessed 2-2.7mm SAE1006 HRC at $500-505/t cfr Vietnam, down $5 on-week.- source: Kallanish

 

  • Kallanish currently assesses hot-rolled at $580-600/short ton with cold-rolled at $750-770/st. All prices are ex-works, domestic mill.  – source: Kallanish


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