Steel price report as of 7 July, 2020

Posted on 08 July 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

Φ6mm

4100

3600

3550

3550

3700

3720

3710

3570

3940

3870

3690

4230

3640

螺纹钢 Rebar HRB400

Φ16mm

3660

3660

3610

3520

3590

3640

3580

3500

3770

3620

3690

3980

3600

角钢 Angle Bar Q235

5#

3770

3740

3750

3630

3860

3800

3870

3840

3830

3980

4070

4030

4080

中厚板 Plate Q235

20mm

3720

3680

3760

3830

3780

3800

3780

3840

3940

4080

3980

4130

3820

热板卷 HRC Q235

3.0mm

3760

3760

3640

3880

3870

3770

3800

3850

3830

3900

4000

4050

4000

冷薄板 CRS SPCC

1.0mm

4250

4250

4030

4160

4170

4130

4160

4300

4190

4260

5100

4480

4480

Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

3828

↑20

20mm HRB400 rebar

3735

↑17

2.75mm hot-rolled coil

3944

↑28

1.0mm cold-rolled coil

4244

↑34

8mm medium plate

4198

↑10

Source: SteelHome

 

Long steel

  • On the Shanghai futures Exchange the October rebar contract settled CNY 16/tonne higher than Monday at CNY 3,634/t ($515/t), – source: Fastmarkets

 

  • In Tangshan, billet prices were up CNY 20/t to CNY 3,350/t, the highest level since December. – source: Kallanish

 

Flat steel

On the Shanghai futures Exchange contract for hot rolled coil closed up CNY 24/t at CNY 3,629/t. – source: Kallanish

 

 

Steel Prices in Other Countries

 

Scrap

  • US scrap suppliers are heard to have offered HMS 1&2 80:20 at slightly above $255/tonne cfr Turkey. Referring to the latest Baltic-origin HMS 80:20 deal at $255/t cfr last week, buyers’ price idea, however, is at below $255/t cfr. – source: Kallanish

 

  • US scrap prices have also fallen. Bulk HMS 1/2 80:20 scrap was offered last week at $260-265/t cfr Vietnam. A US bulk 80:20 scrap deal closed at $284/t cfr Vietnam during the second week of June. – source: Kallanish

 

Semis

  • Turkey Billet and bloom prices have each been decreased by TRY 25/t to TRY 2,540-2,715/t and TRY 3,100/t respectively.- source: Kallanish

 

Bar/ Wire rod

  • The Turkey steelmaker decreased its 12-32mm diameter rebar list price for its home market by TRY 15/tonne to TRY 2,870/t ($418/t) ex-works. In dollar terms, this has decreased from the previous price of $424/t. The price of 12-18mm diameter round bar was also decreased by TRY 15/t to TRY 2,887/t. Prices for 5.5-56mm diameter wire rod have dropped by TRY 45/t to TRY 3,080-3,235/t. Deformed wire rod prices were also decreased by TRY 45/t to TRY 3,140-3,160/t.  - source: Kallanish 
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