Steel price report as of August 27, 2015

Posted on 27 August 2015
 

Steel Prices in China

Unit: yuan / ton

 

 

 

 

                   

Product

Specification       

Beijing

Tianjin

Shenyang

Shanghai

Nanjing

Jinan

Zhengzhou

Wuhan

Guangzhou

Nanning

Chengdu

Kunming

Xi'an

线 Wire Rod HPB300

Φ6.5mm

2210

2200

2340

2330

2470

2340

2320

2470

2370

2510

2470

2580

2280

纹钢 Rebar HRB400

Φ16mm

2060

2050

2150

2200

2250

2150

2220

2400

2370

2460

2320

2600

2220

Angle Bar Q235

5#

2350

2350

2320

2300

2370

2390

2300

2330

2570

2780

2680

2780

2550

中厚板 Plate Q235

20mm

2150

2100

2180

2200

2200

2120

2100

2220

2260

2520

2300

2340

2190

热板卷 HRC Q235

3.0mm

2190

2200

2200

2160

2150

2250

2200

2150

2360

2540

2300

2420

2500

冷薄板 CRS SPCC

1.0mm

2900

2800

3000

2550

2630

2800

2720

2500

2700

2750

2720

2800

2860

Source: China Iron and Steel Association

 

Long steel

  • East China, domestic, grade-III 16-25mm rebar, traded at 2,040-2,150 yuan ($318-335) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,990-2,060 yuan ($310-321) per tonne, including VAT. - source: Steel First

 

  • Platts Wednesday assessed 6.5mm diameter meshquality wire rod down $2.5/mt on-week at $301-304/mt FOB China. - source: Platts


Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,920-1,930 yuan ($299-301) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,990-2,000 yuan ($310-312) per tonne, including VAT. - source: Steel First

 

  • China, base export offer prices for commercial-grade, chromium-added plate, $300-305 per tonne fob, late September/October shipment. East China, domestic, commercial-grade 14-20mm plate, traded at 2,100-2,120 yuan ($327-330) per tonne, including VAT. - source: Steel First

 

Semis

 

  • Tangshan, domestic, billet, traded at 1,750 yuan ($273) per tonne, including VAT, 3pm Beijing.   - source: Steel First

 

Steel Prices in Other Countries

Scrap

  • Platts set its August north European domestic scrap assessment at €210/mt delivered, down from €235/mt in July. – source: Platts
  • US H1 scrap prices averaged at US$210.83/long ton on August 24th, holding steady from the previous week. – source: Yieh

 

Semis

  • Platts assessed CIS billet at $313/metric ton FOB Black Sea Wednesday, $2 down on day. - source: Platts

 

  • CIS mills took down their billet offer prices by around $2-5/metric ton on Wednesday and began to offer in the range of $325-335/metric ton CFR to the Turkish market, depending on port of entry, down $2-5/mt on-week. - source: Platts

 

Bar/ Wire rod

 

  • The current US domestic mesh-quality wire rod price assessment is $510-$530/st ($562-$584/mt) ex-works. - source: Platts

 

  • Algerian bids for rebar are now at €365/mt FOB while offers are officially at €375/mt FOB, with traders that must buy at €360/mt FOB to deliver at €393-395/mt CFR. - source: Platts

 

HRC/P

  • Hot-dip galvanized coil prices were lowered the most, by TWD 328/metric ton ($10/mt), prices were reduced by TWD 35/mt. - source: Platts

 

  • Platts assessed domestic IS 2062 grade A/B structural HRC 3mm thick unchanged on week at Rupees 27,500-28,500/mt ($416-431/mt) ex-works.- source: Platts

 

  • Platts assessed north European hot rolled coil down €2.50/metric ton Wednesday to €375-380/metric ton ex-works Ruhr. - source: Platts



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