Steel price report as of June 5, 2017

Posted on 05 June 2017
 

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

3940

3450

3440

3820

3820

3870

3830

3820

3900

3870

3820

4320

3860

螺纹钢 Rebar HRB400

Φ16mm

3690

3610

3600

3800

3730

3790

3810

3760

4000

3890

4080

4300

3920

角钢 Angle Bar Q235

5#

3500

3500

3520

3490

3540

3560

3810

3750

3770

3870

3860

4020

3650

中厚板 Plate Q235

20mm

3280

3320

3450

3290

3330

3410

3340

3470

3340

3730

3450

3720

3290

热板卷 HRC Q235

3.0mm

3290

3290

3250

3300

3420

3400

3420

3300

3340

3720

3540

3800

3350

冷薄板 CRS SPCC

1.0mm

3810

3810

4080

3740

3810

3980

3860

3750

3780

3930

4500

4000

3870

Source: CISA

 

Long steel

  • East China, domestic, grade III 16-25mm rebar, traded at 3,660-3,680 yuan ($538-541) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 3,540-3,590 yuan ($520-528) per tonne, including VAT.  – source: Metal Bulletin

 

Flat steel

  • East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,160-3,190 yuan ($464-469) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,190-3,210 yuan ($469-472) per tonne, including VAT.  - source: Metal Bulletin

  • S&P Global Platts assessed SS400 HRC 3mm thick at $435-439/mt FOB China, flat on day. – source: Platts

 

 

Semis

  • China, billet, domestic, traded at 3,090 yuan ($454) per tonne, including VAT, at 3pm. – source: Metal Bulletin

 

Steel Prices in Other Countries

 

Scrap

  • S&P Global Platts assessed Japanese H2 grade scrap export prices at Yen 24,000-25,000/mt FOB Tokyo Bay Wednesday, unchanged from last week's assessment.  - source: Metal Bulletin

 

  • On Wednesday, Platts assessed East Asian bulk HMS I/II 80:20 scrap prices unchanged week on week at $255-$265/mt CFR. - source: Platts

 

Semis

  • On Friday, S&P Global Platts’ weekly CFR East Asia 120/130mm billet assessment was raised to $415-$420/mt CFR, compared to $410-$420/mt CFR of the previous week. The implied midpoint of $417.50/mt was $2.50/mt higher. - source: Platts

 

  • The weekly CIS slab price assessment remained unchanged week on week, at $395-400/mt FOB Black Sea. - source: Platts

 

  • S&P Global Platts assessed CIS export billet at $392/mt Friday, unchanged on Thursday. - source: Platts

 

Bar/ Wire rod

  • The Asian seaborne rebar market was steady Friday. S&P Global Platts assessed 16-20mm diameter BS500 rebar at $429-433/mt FOB China actual weight, unchanged from Thursday. - source: Platts

 

  • S&P Global Platts assessed Turkish export rebar at $430/mt ($425-$435/mt) Friday, unchanged on day. - source: Platts

 

  • Platts increased its weekly Russian domestic rebar price assessment Friday to Rubles 22,850-23,200 ($404-410)/mt CPT Moscow, up Rubles 725 ($13)/mt from a week ago. - source: Platts

 

  • Saudi Arabia, domestic (Hadeed Sabic), wire rod, offered at 1,700 riyals ($453) per tonne ex-works. – source: Metal Bulletin

 

HRC/P

  • Platts increased its daily CIS HRC and CRC price assessments by $2.5/mt and $12.5/mt day-on-day to $435-440/mt and $495-500/mt FOB Black Sea, respectively. - source: Platts

 

  • S&P Global Platts maintained its northwest European hot-rolled coil assessment at €500-510/mt ($563.90- $575.18/mt) ex-works Ruhr Friday. – source: Platts

 

  • US HRC price assessment slips to $575-$600/st – source: Platts


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