Steel price report as of November 11, 2015

Posted on 11 November 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

1970

2000

1930

2160

2250

2270

2150

2280

2160

2200

2300

2500

2170

纹钢 Rebar HRB400

Φ16mm

1900

1910

1880

2000

2110

2040

2100

2110

2240

2150

2270

2410

2060

Angle Bar Q235

5#

2150

2150

2180

2200

2270

2320

2100

2100

2300

2520

2500

2550

2370

中厚板 Plate Q235

20mm

1930

1910

1910

1950

1950

1900

1960

1990

2010

2200

2150

2220

2000

热板卷 HRC Q235

3.0mm

1920

1840

1950

2030

2030

2080

2000

2060

2030

2230

2130

2350

2000

冷薄板 CRS SPCC

1.0mm

2700

2680

2850

2340

2330

2650

2600

2220

2500

2530

2600

2700

2700

Source: China Iron and Steel Association

 

Long steel

  • Platts assessed 16-20mm diameter BS500 rebar at $252-255/metric ton FOB China actual weight Tuesday, down by $0.5/mt on the day. - source: Platts

 

  • East China, domestic, grade-III 16-25mm rebar, traded at 1,930-1,950 yuan ($303-306) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,830-1,870 yuan ($287-294) per tonne, including VAT. – source: Steel First

 Flat steel

  • On Tuesday, Platts assessed Q235 5.5mm HRC in Shanghai at Yuan 1,840-1,860/mt ex-stock with 17% VAT, down Yuan 5/mt on the day. - source: Platts

 

  • Platts assessed SS400 HRC 3.0m thick at $260-265/metric ton FOB China Tuesday, with a midpoint of $262.50/mt, flat on the day and still at a near ten-year record low. - source: Platts

 

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,850-1,870 yuan ($291-294) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,730-1,750 yuan ($272-275) per tonne, including VAT – source: Steel First
Semis

 

  • China, export, billet offered at $270-275 per tonne cfr, to the UAE. - source: Steel First
  • Tangshan, domestic, billet, traded at 1,550 yuan ($243) per tonne, including VAT, 4pm Beijing. - source: Steel First


Steel Prices in Other Countries

 

Scrap

  • Steel First's weekly assessment for imported HMS 1&2 (80:20) into India went up by an average of $5 per tonne on Friday November 6, to $185-195 per tonne cfr, compared with $175-195 per tonne cfr a week earlier. – source: Steel First

 

Semis

  • Platts' daily CIS Black Sea billet assessment remained unchanged at $270/metric ton FOB Black Sea on Tuesday, with two purchases heard at price levels between $270-$273/mt FOB, several market sources said.- source: Platts

 

Bar/ Wire rod

  • Turkey, export, rebar, offered at $345-350 per tonne cfr, theoretical weight basis, to Saudi Arabia. - source: Steel First

 

  • On November 10, Platts lowered its monthly rebar and wire rod assessments by $16/mt on month to $290-300/mt and $300-310/mt FOB Black Sea respectively. – source: Platts

 

HRC/P

  • On November 10, Platts decreased its monthly assessment of Russian export HRC and CRC prices to $270-275/mt and $330-335/mt FOB Black Sea respectively. - source: Platts

 

 



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