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Steel price report as of June 5, 2017
Posted on 05 June 2017
Steel Prices in China
Unit: yuan / ton |
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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