Steel price report as of January 28, 2016

Posted on 28 January 2016
 

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

1970

1920

1930

2060

2080

2080

2010

2070

2100

2230

2200

2570

2000

螺纹钢 Rebar HRB400

Φ16mm

1830

1850

1870

1910

1920

1870

1970

2020

2170

2240

2140

2490

1940

角钢 Angle Bar Q235

5#

2060

1980

2030

2000

2030

2060

2050

2050

2260

2480

2440

2470

2200

中厚板 Plate Q235

20mm

1840

1900

1890

1970

1970

1850

1870

2020

2140

2370

2100

2230

1950

热板卷 HRC Q235

3.0mm

1970

2000

1950

2030

2120

2120

2130

2140

2200

2320

2280

2430

2040

冷薄板 CRS SPCC

1.0mm

2750

2780

2750

2730

2750

2760

2630

2750

2700

2700

2820

2850

2660

Source: China Iron and Steel Association

 

Long steel

  • Platts assessed 18-25mm diameter HRB400 rebar at Yuan 1,835-1,855/mt ($279-282/mt) ex-stock actual weight, including 17% VAT, up Yuan 5/mt ($1/mt) from the previous day. - source: Platts
  • East China, domestic, grade-III 16-25mm rebar, traded at 1,830-1,860 yuan ($278-283) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 1,790-1,810 yuan ($272-275) per tonne, including VAT. – source: Steel First

 

 

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,000-2,040 yuan ($304-310) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 1,900-1,910 yuan ($289-290) per tonne, including VAT.   – source: Steel First

 

  • China, base export offer prices for commercial-grade, chromium-added plate, $270-275 per tonne fob, March shipment.  – source: Steel First


  • East China, domestic, commercial-grade 14-20mm plate, traded at 1,960-1,980 yuan ($298-301) per tonne, including VAT. – source: Steel First

 

  • Platts assessed SS400 HRC 3.0mm thick at $269-275/metric ton FOB China, flat on the day. - source: Platts

 

  • Platts assessed Q235 5.5mm HRC in Shanghai at Yuan 2,020-2,040/metric ton ($307-310/mt) ex-stock with 17% VAT Wednesday, implying a mid-point of Yuan 2,030/mt that was up Yuan 10/mt on the day. - source: Platts
Semis
  • Tangshan, domestic, billet, traded at 1,540 yuan ($234) per tonne, including VAT, 3pm Beijing. - source: Steel First

Steel Prices in Other Countries

 

Scrap

  • Turkey, import, 25,000 tonnes of HMS 1&2 (80:20) at $174.50 per tonne cfr, January 27, from the UK.  - source: Steel First
  • Platts maintained its daily shredded scrap price assessment Wednesday at $190-$200/lt delivered Midwest mill. - source: Platts
  • According to the Brazil Ministry of Development, Industry and Trade in December of 2015, Brazil exported 46,200 tons of carbon scrap steel, the prices were at US$152/tons FOB, compared to 39,500 tons in November, the prices were at US$ 153/ FOB. – source: Yieh

 

Semis

  • Platts' daily CIS Black Sea billet assessment stood at $242.5/metric ton FOB Black Sea Wednesday, stable on day. - source: Platts
 

Bar/ Wire rod

  • Northern Europe, domestic, category-2 H-beam (200x200mm), 500 tonnes, bought at €475 ($515) per tonne delivered. - source: Platts

 

  • In Asia, Platts assessed 16-20mm diameter BS500 rebar at $248-253/metric ton FOB China. - source: Platts

 

  • Platts assessed Turkish export rebar at $321/metric ton FOB on Wednesday, stable from Tuesday. - source: Platts

 

 

HRC/P

  • ASEAN  hot rolled cold (HRC) steel import prices (CFR ASEAN port) edged up by $1 a ton  week-on-week to $292 a ton in the week ended January 22. - source: Scrap Monster

 

  • Platts assessed domestic IS 2062 grade A/B structural HRC 3mm thick unchanged at Rupees 23,500-24,500/metric ton ($346-$360/mt).  - source: Platts

 

  • Platts assessed north European hot rolled coil unchanged Wednesday at €320-325/metric ton ex-works Ruhr. - source: Platts

  • HRC prices in the US steady at $400-$420/st. - source: Platts



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