Steel price report as of September 13, 2016

Posted on 13 September 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

2720

2620

2620

2630

2720

2760

2660

2550

2680

2780

2600

2920

2450

螺纹钢 Rebar HRB400

Φ16mm

2550

2500

2570

2420

2550

2500

2590

2510

2700

2920

2550

2850

2470

角钢 Angle Bar Q235

5#

2620

2640

2830

2700

2730

2740

2770

2880

2760

3010

2910

2800

2800

中厚板 Plate Q235

20mm

2650

2630

2700

2590

2630

2670

2620

2660

2750

2990

2920

3150

2750

热板卷 HRC Q235

3.0mm

2900

2880

2870

2780

2760

3000

3000

2850

2920

3240

3000

3230

2870

冷薄板 CRS SPCC

1.0mm

3620

3620

3680

3460

3420

3580

3660

3490

3500

3590

3540

3510

3560

Source: CISA

  

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

2610

↓16

20mm HRB400 rebar

2538

↓20

2.75mm hot-rolled coil

2938

↓19

1.0mm cold-rolled coil

3489

↓9

8mm medium plate

3026

↓19

Source: SteelHome

 

Long steel

  • East China, domestic, grade III 16-25mm rebar, traded at 2,340-2,360 yuan ($350-353) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 2,460-2,480 yuan ($368-371) per tonne, including VAT. – source: Metal Bulletin

  • Platts assessed 16-20mm diameter BS500 rebar at $339-345/metric ton FOB China actual weight, down $2.5/mt from Friday. - source: Platts

 

  • Platts assessed deal prices for 18-25mm diameter HRB400 rebar Friday at Yuan 2,515-2,525 /mt ($377-378/mt) ex-stock actual weight and including VAT, down Yuan 35/mt ($5/mt) from last Monday. - source: Platts

 

  • In Beijing’s retail market Monday, spot prices of 18-25mm diameter HRB400 rebar were assessed at Yuan 2,515-2,525/mt ($376-378/mt) ex-stock actual weight including 17% VAT, down Yuan 35/mt ($5/mt) on the day. - source: Platts

 

 

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,680-2,700 yuan ($401-404) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,780-2,800 yuan ($416-419) per tonne, including VAT. – source: Metal Bulletin

 

  • China, base export offer price for commercial-grade, boron-containing HRC, traded at $385-395 per tonne fob,  October/November shipments. – source: Metal Bulletin

 

  • Platts assessed SS400 HRC 3.0mm thick at $374-380/metric ton FOB China, with a midpoint of $377/mt that was down $2/mt from last Friday. – source: Metal Bulletin

 

  • In Shanghai’s dealer market the same day, Q235 5.5mm HRC was assessed at Yuan 2,700/mt ($404/mt) exstock with 17% VAT, down Yuan 40/mt from Friday. – source: Metal Bulletin

 

 

Semis

  • Tangshan, domestic, billet, traded at 2,170 yuan ($324) per tonne, including VAT, 3pm Beijing. – source: Metal Bulletin

 

Steel Prices in Other Countries

 

Scrap

  • Metal Bulletin’s daily index for Northern Europe-origin HMS 1&2 (80:20) closed at $214.00 per tonne cfr on Monday, up by $1.33 per tonne compared with Friday. - source: Metal Bulletin

 

Semis

  • S&P Global Platts assessed its daily CIS export billet price at $320/metric ton FOB Black Sea Monday, stable on day. – source: Platts

 

 

Bar/ Wire rod

  • Ideal prices of buyers in Hong Kong were already below $340/mt CFR actual weight (equivalent to $331/mt FOB), said a Shanghai-based trader. However, it might take some time to reach those price levels, said a Hong Kong-based stockist. - source: Platts

  • The S&P Global Platts weekly assessment for 10mm diameter rebar held firm Friday 9 September at Real 1,690/metric ton ($516.61/mt) exworks, taxes excluded, based on range of Real 1,640-1,740/mt. - source: Platts

 

  • S&P Global Platts assessed Turkish export rebar at $370-$380/metric ton FOB Turkey on Monday, with a midpoint of $375/mt FOB, stable on day. - source: Platts

 

  • S&P Global Platts on Monday maintained its daily imported rebar assessment at $363-$367/st CIF.  - source: Platts

 

  • S&P Global Platts on Monday maintained is weekly US Midwest rebar assessment at $490-$510/st ex-works. - source: Platts

 

HRC/P

  • S&P Global Platts assessed European hot rolled coil €5/metric ton higher Monday at €440-450/metric ton exworks Ruhr. - source: Platts

 

  • US HRC price assessment stable at $550-$570/st  - source: Platts

 

  • Metal Bulletin sister publication AMM’s price assessment for cut-to-length plate is at $26.75 per hundredweight ($535 per ton), down from $28 per cwt ($560 per ton) previously.

  



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