Steel price report as of March 28, 2016

Posted on 28 March 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

2420

2370

2210

2410

2470

2540

2520

2420

2370

2590

2400

2740

2340

螺纹钢 Rebar HRB400

Φ16mm

2250

2250

2150

2290

2370

2410

2450

2400

2370

2550

2350

2740

2320

角钢 Angle Bar Q235

5#

2340

2340

2300

2380

2430

2430

2450

2400

2390

2670

2700

2800

2650

中厚板 Plate Q235

20mm

2480

2400

2460

2550

2580

2520

2450

2650

2620

2680

2850

2700

2560

热板卷 HRC Q235

3.0mm

2540

2560

2500

2480

2520

2580

2700

2580

2600

2700

2800

2850

2680

冷薄板 CRS SPCC

1.0mm

3370

3240

3200

3300

3200

3250

3180

3120

3350

3300

3200

3340

3150

Source: China Iron and Steel Association

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

2462

↑29

20mm HRB400 rebar

2399

↑34

2.75mm hot-rolled coil

2673

↑13

1.0mm cold-rolled coil

3262

↑12

8mm medium plate

2899

↑13

Source: SteelHome

 

Long steel

  • Platts-assessed prices in Beijing for 18-25mm diameter HRB400 rebar soared by Yuan 420/mt ($65/mt) or 22% since the New Year - source: Platts

 

  • East China, domestic, grade-III 16-25mm rebar, traded at 2,230-2,280 yuan ($342-350) per tonne, including VAT. North China, domestic, grade-III 16-25mm rebar, traded at 2,180-2,200 yuan ($334-337) per tonne, including VAT.  – source: Steel First


Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,470-2,490 yuan ($378-381) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,450-2,480 yuan ($375-380) per tonne, including VAT. – source: Steel First

 

  • China, base export transaction prices for commercial-grade, boron-containing HRC, $355-360 per tonne fob, late May/June shipments. – source: Steel First
  • Shanghai 5.5mm thick Q235 hot rolled coil rose similarly by Yuan 440/mt or 22% since the New Year. – source: Platts

 

Semis

 

  • Tangshan, domestic, billet, traded at 1,970 yuan ($302) per tonne, including VAT, 3pm Beijing. - source: Steel First


Steel Prices in Other Countries

 

Scrap

  • Steel First assessed USA-origin HMS 1&2 (80:20) containerised scrap in Taiwan at $200-208 per tonne cfr for the week to Friday March 25, up from $185-195 per tonne cfr a week earlier. - source: Steel First

 

Semis

  • South Korean mills were asked to accept offers for Chinese billet at $310-320/mt CFR three weeks ago when previous contracts struck at $270-280/mt CFR were not honored, a Korean trader said Monday. The Chinese mills have since raised their offer prices to $320-330/mt CFR. - source: Platts

 

Bar/ Wire rod

  • The domestic wire rod market sales price for 12-32mm diameter rebar by TRY 20 ($7)/mt to TRY 1,410/mt ex-works for Istanbul. The company also increased its 7-8.5mm diameter wire rod prices by the same amount to TRY 1,470-1,500/mt ex-works, including VAT. - source: Platts

 

HRC/P

  • Platts maintained its HRC and CRC price assessments at $430-$450/st and $600-$620/st, respectively. Both assessments are normalized to a Midwest (Indiana) ex-works basis. - source: Platts
  • US hot-rolled coil prices steady at $430-$450/st - source: Platts


 



«  Back

Copyright © 2016 SEASI Site. All Rights Reserved.