News Room - Steel Prices

Posted on 06 Feb 2020

Steel price report as of 5 Feb, 2020

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

4380

3700

3600

3840

3820

3750

3850

3920

3960

4020

3900

4380

3740

螺纹钢 Rebar HRB400

Φ16mm

3550

3580

3500

3750

3740

3640

3680

3770

4130

3930

3870

4100

3710

角钢 Angle Bar Q235

5#

3820

3760

3720

3770

3960

3800

3890

3990

4030

4290

4170

4330

4190

中厚板 Plate Q235

20mm

3700

3730

3710

3860

3850

3760

3740

3800

4080

4150

3800

4010

3640

热板卷 HRC Q235

3.0mm

3760

3800

3700

3920

4020

3850

3880

3900

3950

4080

4080

4090

3920

冷薄板 CRS SPCC

1.0mm

4430

4430

4160

4530

4540

4400

4400

4420

4640

4630

5200

4700

4530

Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

3901

3

20mm HRB400 rebar

3771

3

2.75mm hot-rolled coil

3876

4

1.0mm cold-rolled coil

4396

6

8mm medium plate

4121

8

Source: SteelHome

 

Long steel

East China, domestic, grade III 16-25mm rebar, traded at 3,360-3,400 yuan ($480-486) per tonne, including value-added tax.

North China, domestic, grade III 16-25mm rebar, traded at 3,540-3,560 yuan per tonne, including VAT.– source: Fastmarkets

 

 

Flat steel

East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,600 yuan ($514) per tonne, including VAT.

North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,270-3,300 yuan per tonne, including VAT.– source: Fastmarkets

Fastmarkets' steel hot-rolled coil index export, fob main port China was at $484.32 per tonne on February 4, down by 2.3% from $495.95 per tonne on January 23 – source: Fastmarkets

 

Fastmarkets' price assessment for March/April shipments of steel heavy plate export, fob China main port was $480-490 per tonne for the week ended on Tuesday February 4, down $10 from $490-500 per tonne fob the week before the Chinese New Year starting on January 24. – source: Fastmarkets

 

Semis

 

China, billet, domestic, traded at 3,300 yuan ($471) per tonne, including value-added tax, at 3pm. – source: Fastmarkets

 

Steel Prices in Other Countries

 

Scrap

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was unchanged at $258.78 per tonne on Wednesday, and the daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, stayed at $251.02 per tonne on February 5 - leaving the premium for US-origin material over European HMS 1&2 flat at $7.76 per tonne. – source: Fastmarkets

 

Semis

Platts Steel, Billet/CIS: Offer Feb 5 for 5SP 150*150mm at $425/mt CFR Manila early Mar shipment: Singapore-based trader

Platts Steel, Billet/Vietnamese: Offer Feb 5 for 5SP 130*130mm at $425/mt FOB Vietnam Apr shipment: Vietnam-based mill source

Platts Steel, Billet/Vietnamese: Offer Feb 5 for 5SP 130*130mm at $420/mt FOB Vietnam Apr shipment, IF billet: Vietnam-based mill source - source: Platts

 

Bar/ Wire rod

Rebar is currently sold domestically in Spain at €175-180/tonne ($193.2-198.7/t) ex-works base, equating to a transaction price of €425-430/t delivered. This is around €5-10/t lower than in January. – source: Kallanish

Platts Steel, Rebar/Turkish Export: Offer Feb 5 for 10-40mm in diameter at $450/mt CFR Singapore theoretical weight, April shipment: Singapore-based fabricator

Platts Steel, Rebar/Turkish Export: Offer Feb 5 for 10-40mm in diameter at $460/mt CFR Hong Kong actual weight, April shipment: eastern China trader

Platts Steel, Rebar/Turkish Export: Offer Feb 5 for 10-40mm in diameter at $450/mt CFR Singapore theoretical weight, April shipment: eastern China trader - source: Platts

HRC

Platts Steel, HRC/Chinese: Offer Feb 5 for Shagang SS400 at $495/mt FOB Zhangjiagang, Apr shipment: Singapore-based mill source

Platts Steel, HRC/Chinese: Bid Feb 5 for Anfeng Steel Q235B 3.0-19.8mm thick 1500 mm wide at $460/mt CFR Vietnam, end March shipment: Vietnam-based trader

Platts Steel, HRC/Chinese: Offer Feb 5 for Anfeng Steel Q195B 3.0 mm & up thick 1250 mm wide at $480/mt CFR Ho Chi Minh City, Apr shipment: Vietnam-based trader

Platts Steel, HRC/Chinese: Offer Feb 5 for Anfeng Steel Q195B 3.0 mm & up thick 1250 mm wide at $485/mt CFR Hai Phong, Apr shipment: Vietnam-based trader

Platts Steel, HRC/Chinese: Offer Feb 5 for Anfeng Steel Q235B 3.0-19.8 mm thick at $465/mt CFR Vietnam, mid Apr shipment: Vietnam-based trader

Platts Steel, HRC/Chinese: Offer Feb 5 for Anfeng Steel Q195B 3.0 mm & up thick at $465/mt CFR Vietnam, Mar shipment: Vietnam-based trader  – source: Platts