Steel price report as of August 2, 2016

Posted on 03 August 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

2580

2470

2430

2520

2520

2550

2520

2390

2640

2670

2490

2760

2430

螺纹钢 Rebar HRB400

Φ16mm

2340

2390

2470

2300

2270

2290

2450

2420

2590

2790

2430

2720

2450

角钢 Angle Bar Q235

5#

2440

2450

2600

2500

2510

2580

2550

2650

2620

2830

2790

2660

2670

中厚板 Plate Q235

20mm

2490

2530

2560

2460

2500

2480

2550

2620

2640

2800

2860

2840

2630

热板卷 HRC Q235

3.0mm

2670

2670

2700

2730

2670

2790

2800

2620

2800

2960

2980

2930

2620

冷薄板 CRS SPCC

1.0mm

3400

3320

3200

3110

3100

3260

3280

3250

3250

3350

3180

3280

3400

Source: China Iron and Steel Association

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

2569

↑17

20mm HRB400 rebar

2517

↑20

2.75mm hot-rolled coil

2819

↑11

1.0mm cold-rolled coil

3130

↑14

8mm medium plate

2974

↑12

Source: SteelHome

 

Long steel

  • East China, domestic, grade III 16-25mm rebar, traded at 2,340-2,370 yuan ($353-357) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 2,350-2,380 yuan ($354-359) per tonne, including VAT. – source: Steel First

- source: Platts

 

  

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,690-2,720 yuan ($405-409) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,650-2,660 yuan ($399-400) per tonne, including VAT. – source: Steel First

 

  • China, export, hot rolled coil, offered at $400-410 per tonne cfr, to Saudi Arabia.  – source: Steel First

 

Semis

 

  • China, export, billet, offered at $335-345 per tonne cfr, to the UAE.
  • Tangshan, domestic, billet, traded at 2,110 yuan ($318) per tonne, including VAT, 3pm Beijing. - source: Steel First

 

Steel Prices in Other Countries

 

Scrap

  • Steel First’s daily index for Northern Europe-origin HMS 1&2 (80:20) closed at $222.86 per tonne cfr, unchanged day-on-day. - source: Steel First

 

  • Over the past two weeks, import offer prices for HMS 1&2 (80:20) have been at $210/mt CFR Taiwan, up $10/mt on week, while China-origin billet is being offered at $325-330/mt CFR Taiwan, up over $20/mt, industry sources confirmed. - source: Platts

 

Semis

  • CIS, export, slab, offered at $320 per tonne fob Baltic Sea.

 

  • CIS, export, slab, offered at $315-320 per tonne fob Black Sea. - source: Steel First

 

  • Steel First’s weekly price assessment for UAE billet imports was $335-338 per tonne cfr on Tuesday August 2, up from $315-320 per tonne cfr.  - source: Steel First

 

  • In Europe, a trader claimed that CIS billet looked stronger this week based on scrap prices of around $230/mt CFR Turkey and Chinese offers at $320-325/mt FOB. - source: Platts

 

  

Bar/ Wire rod

  • Turkey, export, rebar, traded at $375-380 per tonne cfr, theoretical weight, August shipping, to the UAE. - source: Steel First

 

  • East China, domestic, grade III 16-25mm rebar, traded at 2,340-2,370 yuan ($353-357) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 2,350-2,380 yuan ($354-359) per tonne, including VAT. - source: Steel First

 

  • Platts maintained its daily Turkish rebar export assessment at $380-$390/mt FOB Turkey, unchanged on day. - source: Platts

 

  • Spot prices of rebar in Asia, Platts assessed 16-20mm diameter BS500 rebar Tuesday unchanged on day at $326-329/metric ton FOB China actual weight. - source: Platts

 

HRC/P

  • US the plate price dropped by $12/st to $928/st FOB mill, and in Asia it was $2/mt lower. South European plate fell by €6/mt but in northern Europe the price increased by €8/mt to €509/mt ex-mill. - source: Platts

 

  • Platts assessed North European hot rolled coil unchanged at €410-420/mt ex-works Ruhr Tuesday. - source: Platts

 

  • HRC at $610-$630/st in US  - source: Platts

 



«  Back

Copyright © 2016 SEASI Site. All Rights Reserved.