Steel price report as of April 28, 2015

Posted on 28 April 2015
 

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

2500

2450

2400

2310

2560

2490

2530

2630

2700

2710

2740

2950

2530

螺纹钢 Rebar HRB400

Φ16mm

2280

2250

2320

2360

2420

2340

2500

2440

2780

2640

2670

2920

2460

角钢 Angle Bar Q235

5#

2620

2670

2550

2680

2700

2660

2570

2530

2840

3120

2870

2950

2780

中厚板 Plate Q235

20mm

2480

2360

2500

2430

2480

2560

2400

2560

2600

2920

2650

2900

2590

热板卷 HRC Q235

3.0mm

2450

2470

2500

2480

2520

2580

2530

2600

2630

3000

2660

2900

2650

冷薄板 CRS SPCC

1.0mm

3460

3420

3550

3040

3310

3480

3350

3000

3350

3400

3230

3550

3700

Source: China Iron and Steel Association

 

Long steel

  • The average price of 6.5mm Q235 high speed wire rod increased 8 yuan per tonne from the previous trading day to 2,559 yuan per tonne and that of 20mm HRB400 rebar increased by 8 yuan per tonne to 2,481 yuan per tonne.  – source: SteelHome

 

  • On Beijing's retail market on April 27, Platts assessed 18-25mm diameter HRB400 rebar unchanged from last Friday at Yuan 2,300-2,310/metric ton ($370-371/mt) ex-stock actual weight and including 17% VAT. – source: Platts

 

Flat steel

  • The average price of 2.75mm hot-rolled coil in China increased by 15 yuan per tonne from the previous trading day to 2,668 yuan per tonne while that of 1.0mm cold-rolled coil down by 8 yuan per tonne to 3,281 yuan per tonne.  – source: SteelHome

 

  • SteelHome daily price assessment of 8mm medium plate in China reached 2,871 yuan per tonne, up 2 yuan per tonne from the previous trading day. – source: SteelHome
  • Commercial-grade HRC (4.5-12mm) in Shanghai was traded at 2,400-2,440 yuan ($392-399) per tonne, up 40-50 yuan ($7-8) per tonne from Steel First's assessment last Friday. In Beijing, the same product was traded at 2,450-2,470 yuan ($400-404) per tonne, 20-30 yuan ($3-5) per tonne higher over the same period. All prices are inclusive of VAT. – source: Steel First

 

Steel Prices in Other Countries

Scrap

  • Taiwanese import prices of 80:20 (in container) were unchanged week-on-week at $230/mt CFR Taiwan port last Friday  - source: The Steel Index

 

  • Turkey, import; 22,500 tonnes of HMS 1&2 (80:20) at $275 per tonne and 2,500 tonnes of bonus at $285 per tonne cfr; April 24, from the Baltic Sea. - source: Steel First

 

 

Semis

  • Steel First assessed billet prices in Southeast Asia at $375-385 per tonne cfr on Monday April 27, up $5 at the top end of the range from a week ago. - source: Steel First

  • Platts assessed CIS billet at $372/metric ton FOB Black Sea Monday, a $2/mt increase over the previous Friday. - source: Platts

 

Bar/ Wire rod

  • The southern European rebar reference price ex-works fell by €2/mt since a week earlier to €416/mt ($447/mt). The average of Platts FOB Black Sea export billet prices for last week increased by $4/mt to $370/mt, and the rebarbillet spread slipped by $2/mt to $77/mt. - source: Platts

 

  • Taiwan Quintain Steel's list prices for electric furnace (EF) Al-killed wire rods are at NT$17,700/ton; those for blast furnace killed wire rods are at NT$16,700/ton. - source: Yieh

 

  • Feng Hsin Iron & Steel Co., list prices for rebar are at NT$13,900/ton; those for section steel remained at NT$18,000/ton. - source: Yieh

 

  • Kyoei Steel's new price for OD 16~25 mm SD 295 rebar will still stay at 59,000~60,000/ton.  The current rebar market price is about 58,000~59,000/ton in Tokyo. In fact, Japan's scrap price has reached the bottom. - source: Yieh

HRC/P
  • Platts reduced its daily HRC and CRC ex-CIS price assessments by $5/mt on Monday to $348-352/mt and $433-437/mt respectively; both FOB Black Sea. - source: Platts

 

  • Platts kept its assessment of northwest European hot rolled coil stable Monday at €407.50/metric ton ex-works Ruhr. - source: Platts

 

  • Import prices for Russia-origin hot rolled coil (HRC) into India have fallen by about $20 per tonne to $375-380 per tonne cfr for June shipments, heard on Monday April 27. - source: Steel First


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