Steel price report as of November 14, 2016

Posted on 15 November 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

2930

2910

2920

3080

3120

3220

3090

3150

3410

3430

3440

3690

3120

螺纹钢 Rebar HRB400

Φ16mm

2850

2820

2720

2940

2980

2960

3020

3020

3460

3600

3420

3620

3100

角钢 Angle Bar Q235

5#

2900

2840

3140

2910

2890

2950

3040

3060

2950

3180

3130

3170

3040

中厚板 Plate Q235

20mm

3160

3180

3260

3180

3180

3250

3130

3200

3220

3420

3330

3600

3150

热板卷 HRC Q235

3.0mm

3400

3400

3250

3560

3520

3480

3420

3500

3520

3750

3700

3650

3490

冷薄板 CRS SPCC

1.0mm

4250

4250

4120

4210

4410

4400

4250

4210

4330

4460

4780

4110

4180

Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

0 high speed wire rod

3184

↑1

20mm HRB400 rebar

3134

↑7

2.75mm hot-rolled coil

3570

↑3

1.0mm cold-rolled coil

4281

↑10

8mm medium plate

3597

↓9

Source: SteelHome

 

Long steel

  • East China, domestic, grade III 16-25mm rebar, traded at 2,940-2,960 yuan ($431-434) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 2,930-2,970 yuan ($430-436) per tonne, including VAT. – source: Metal Bulletin

 

  • Shagang itself raised its mid-November list prices for rebar and wire rod by 500 yuan ($73) per tonne and 400 yuan ($59) per tonne, respectively, last Friday. - source: Metal Bulletin

 

  

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,420 -3,430 yuan ($501-503) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,260-3,300 yuan ($478-484) per tonne, including VAT. – source: Metal Bulletin

 

  • Base export offer prices, commercial-grade, boron-containing HRC, $485-495 per tonne fob, January/February shipments.  source: Metal Bulletin

 

  • In Shanghai’s dealer market, Q235 5.5mm HRC was assessed at Yuan 3,400-3,430/mt ($497-501/mt) ex-stock with 17% VAT, down Yuan 50/mt from last Friday. – source: Platts

 

 Semis

  • China, billet, domestic, traded at 2,520 yuan ($370) per tonne, including VAT. – 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 $267.21 per tonne cfr, up by $13.62 per tonne compared with Friday’s index. - source: Metal Bulletin

 

  • The daily index for USA-origin material closed at $275.71 per tonne cfr, also up by $14.43 per tonne compared with Friday’s index. - source: Metal Bulletin

 

Semis

  • Platts assessed Q275, 150mm square bar at $382/mt FOB China Tuesday, down $5.50/mt on the day.

  • S&P Global Platts assessed its daily CIS export billet price at $385/metric ton FOB Black Sea Monday, unchanged from last Friday’s assessment. - source: Platts

 

Bar/ Wire rod

  • Platts assessed 16-20mm diameter BS500 rebar at $402-408/metric ton FOB China actual weight, unchanged on the day. - source: Platts

 

  • S&P Global Platts assessed Turkish export rebar at $432/mt FOB on Monday, up $7/mt from Friday. - source: Platts

 

  • Icdas’s price for 10mm diameter rebar reached TRY 1,740/mt ex-works Monday, while 8mm diameter rebar was also up, to TRY 1,750/mt ex-works for Istanbul. - source: Platts

 

HRC/P

  • S&P Global Platts maintained its assessment of European hot rolled coil at €475-485/metric tons ex-works Ruhr Monday. - source: Platts

 

  • S&P Global maintained its daily HRC and cold-rolled coil assessments at $500-$520/st and $700-$720/st, respectively. Both prices are normalized to a Midwest (Indiana) ex-works basis. - source: Platts

 

  • S&P Global Platts' weekly HRC assessment was Real 2,100-2,280/mt ($618-$670/mt) ex-works, excluding taxes. - source: Platts 


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