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Steel price report as of July 31, 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 |
4140 |
3780 |
3740 |
3940 |
3930 |
4010 |
3890 |
4000 |
4000 |
3950 |
3960 |
4380 |
3820 |
螺纹钢 Rebar HRB400 |
Φ16mm |
3840 |
3740 |
3650 |
3820 |
3820 |
3810 |
3910 |
3930 |
4020 |
3960 |
4070 |
4300 |
4040 |
角钢 Angle Bar Q235 |
5# |
3910 |
3850 |
3880 |
3810 |
3780 |
3760 |
4020 |
3940 |
3900 |
4080 |
4070 |
4300 |
3920 |
中厚板 Plate Q235 |
20mm |
3610 |
3570 |
3650 |
3570 |
3610 |
3690 |
3640 |
3650 |
3680 |
3900 |
3800 |
3980 |
3610 |
热板卷 HRC Q235 |
3.0mm |
3850 |
3800 |
3740 |
3890 |
3980 |
3940 |
3910 |
3850 |
3900 |
4120 |
3980 |
4230 |
3920 |
冷薄板 CRS SPCC |
1.0mm |
4270 |
4270 |
4460 |
4230 |
4260 |
4550 |
4330 |
4200 |
4330 |
4420 |
5190 |
4510 |
4370 |
Source: CISA
Average price |
Price (yuan per ton) |
Up/down (from the previous day) |
8mm HPB300 high speed wire rod |
3979 |
↑40 |
20mm HRB400 rebar |
3938 |
↑33 |
2.75mm hot-rolled coil |
3997 |
↑52 |
1.0mm cold-rolled coil |
4350 |
↑41 |
8mm medium plate |
4068 |
↑36 |
Source: SteelHome
Long steel
- East China, domestic, grade III 16-25mm rebar, traded at 3,710-3,770 yuan ($550-559) per tonne, including VAT. North China, domestic, grade III 16-25mm rebar, traded at 3,670-3,720 yuan ($545-552) per tonne, including VAT. – source: Metal Bulletin
Flat steel
- East China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,770-3,800 yuan ($559-564) per tonne, including VAT. North China, domestic, commercial-grade HRC (4.5-12mm), traded at 3,700-3,720 yuan ($549-552) per tonne, including VAT. - source: Metal Bulletin
- China, export, hot rolled coil, offered at $545 per tonne cfr, to Brazil. - source: Metal Bulletin
- S&P Global Platts assessed SS400 HRC 3mm thick at $508/mt FOB China, up $3/mt on day. – source: Platts
- Platts assessed Q235 5.5mm HRC at Yuan 3,770-3,790/mt ($559-562/mt) ex-stock with 17% VAT, implying a mid-point of Yuan 3,780/mt that was up Yuan 20/mt day on day. – source: Platts
Semis
- China, billet, domestic, traded at 3,470 yuan ($515) per tonne, including VAT, at 3pm. – source: Metal Bulletin
Steel Prices in Other Countries
Scrap
- Platts assessed East Asian bulk HMS I/II 80:20 scrap at $303-305/mt CFR Wednesday, up from $285-$295/mt CFR in the previous week. The midpoint of $304/mt CFR is $14/mt higher on week. - source: Platts
- The Steel Index assessed Turkish imports HMS 1&2 80:20 scrap at $310/mt CFR Iskenderun Port, up 3.7% on week, and US domestic shredded scrap at $296/lt delivered US mill, flat on week. - source: Platts
- Metal Bulletin’s daily scrap index for HMS 1&2 (80:20) from Northern Europe reached $312.68 per tonne cfr Turkey on Friday, up from $295.94 per tonne a week earlier. – source: Metal Bulletin
Semis
- On Friday, S&P Global Platts raised its weekly CFR East Asia 120/130mm billet assessment to $470-475/mt CFR. The implied midpoint of $472.5 was $7.5 higher on week. - source: Platts
- S&P Global Platts assessed CIS export billet at $445/mt on Friday, up $1/mt from Thursday. - source: Platts
Bar/ Wire rod
- The Asian seaborne rebar market rose Friday. S&P Global Platts assessed 16-20mm diameter BS500 rebar at $493-495/mt FOB China actual weight, up $5/mt from Thursday. - source: Platts
- S&P Global Platts assessed Turkish export rebar at $485/mt Friday, up $5/mt from Thursday. - source: Platts
HRC/P
- S&P Global Platts maintained its northwest European hot-rolled coil price assessment at €495-505/mt ($581.87-593.63)/mt ex-works Ruhr Friday. - source: Platts
- US HRC price assessment steady at $620-$630/st - source: Platts
- Turkey, domestic, hot rolled coil, traded at $530 per tonne ex-works, October production. Turkey, export, hot rolled coil, traded at $520-530 per tonne fob, to Europe. – source: Metal Bulletin