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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