Steel price report as of September 26, 2016

Posted on 27 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

2700

2520

2460

2580

2670

2670

2540

2490

2600

2720

2500

2850

2410

螺纹钢 Rebar HRB400

Φ16mm

2480

2430

2450

2320

2420

2410

2520

2430

2630

2870

2470

2840

2400

角钢 Angle Bar Q235

5#

2460

2450

2670

2630

2650

2700

2730

2780

2700

2930

2740

2810

2700

中厚板 Plate Q235

20mm

2530

2500

2600

2500

2560

2610

2520

2560

2640

2960

2870

3070

2680

热板卷 HRC Q235

3.0mm

2830

2780

2780

2770

2760

2930

2920

2800

2850

3180

2900

3230

2800

冷薄板 CRS SPCC

1.0mm

3600

3620

3640

3410

3420

3510

3620

3430

3440

3500

3540

3520

3580

Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

2611

↑21

20mm HRB400 rebar

2528

↑19

2.75mm hot-rolled coil

2941

↑25

1.0mm cold-rolled coil

3506

↑17

8mm medium plate

3011

↑16

Source: SteelHome

 

Long steel

  • East China, domestic, grade III 16-25mm rebar, traded at 2,290-2,310 yuan ($343-346) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 2,420-2,440 yuan ($363-366) per tonne, including VAT. – source: Metal Bulletin

 

  • Platts assessed 16-20mm diameter BS500 rebar at $328-332/metric ton FOB China actual weight, unchanged on the day. - source: Platts

 

  

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,730-2,740 yuan ($409-411) per tonne, including VAT.  North China, domestic, commercial-grade HRC (4.5-12mm), traded at 2,740-2,760 yuan ($411-414) per tonne, including VAT.– source: Metal Bulletin

 

  • China, base export offer price for commercial-grade, boron-containing HRC, traded at $380-385 per tonne fob, October/November shipments. – source: Metal Bulletin

 

  • Platts assessed SS400 HRC 3.0mm thick at $367-373/metric ton FOB China, unchanged from last week. – source: Platts

 

  • In Shanghai’s dealer market, Q235 5.5mm HRC was assessed at Yuan 2,750 ($412/mt) ex-stock with 17% VAT, up Yuan 15/mt on day. – source: Platts

 

  

Semis

  • Tangshan billet price: 2,170 yuan ($325) per tonne, up 60 yuan ($9) from last Friday, after major producers raised their prices by 30 yuan ($4.50) per tonne twice over the weekend. – 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 $203.86 per tonne cfr, up by $1.99 per tonne compared with Friday’s index.  - source: Metal Bulletin

 

  • As of September 23, HMS 1&2 (80:20) containerized scrap was at $196/mt CFR Taiwanese port, down $9/mt on week, according to the latest S&P Global TSI price index. – source: Platts

 

Semis

  • Platts assessed its daily billet price at $315/mt FOB Black Sea Monday, $2.5/mt lower from Friday. – source: Platts

 

  

Bar/ Wire rod

  • In Hong Kong, a deal was heard concluded at $340/mt CFR actual weight late last week, equivalent to $331/mt FOB assuming a freight rate of $9/mt, according to regional traders.. - source: Platts

 

  • S&P Global Platts assessed Turkish export rebar at $370-375/metric ton FOB Turkey on Monday, with the midpoint of $372.50/mt FOB Turkey down $2.50/mt on day. - source: Platts

 

  • Leading rebar maker Feng Hsin Steel lowered the list price of its rebar products and domestic procurement price for scrap by TWD 300/mt ($9.5/mt), trading sources in Taiwan said Monday. For the week to September 30, Feng Hsin’s list price for rebar was TWD 12,400/metric ton ex-works. - source: Platts

 

HRC/P

  • Chinese offers for SAE coil were at $385-390/mt CFR Vietnam, with no deals concluded, a Vietnamese re-roller said Monday. Some deals for SAE coil were concluded at only $380/mt CFR Vietnam last Friday for January shipment. - source: Platts

  

  • S&P Global Platts increased the midpoint of its European hot rolled coil assessment by €5/metric ton Monday, taking the range to €440-450/mt ex-works Ruhr. - source: Platts

 

  • US HRC price assessment static at $520-$540/st - source: Platts

 



«  Back

Copyright © 2016 SEASI Site. All Rights Reserved.