Steel price report as of February 6, 2018

Posted on 07 February 2018
 

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

4750

4710

3900

4050

4160

4200

4060

4050

4260

4430

4250

4730

3940

螺纹钢 Rebar HRB400

Φ16mm

3980

3980

3920

3930

3960

3970

4030

3970

4310

4360

4200

4800

4000

角钢 Angle Bar Q235

5#

4140

4100

4140

4250

4330

4300

4240

4380

4310

4500

4570

4450

4480

中厚板 Plate Q235

20mm

3950

3900

4010

4040

4020

4040

3950

4050

4200

4450

4180

4430

4040

热板卷 HRC Q235

3.0mm

4050

4060

3940

4200

4280

4170

4180

4250

4230

4530

4360

4600

4220

冷薄板 CRS SPCC

1.0mm

4660

4660

4920

4630

4730

4910

4770

4650

4730

4900

5200

5000

4780

 

 Source: CISA

 

Average price

Price (yuan per ton)

Up/down (from the previous day)

8mm HPB300 high speed wire rod

4222

↑6

20mm HRB400 rebar

4102

↑8

2.75mm hot-rolled coil

4289

↑6

1.0mm cold-rolled coil

4767

↑3

8mm medium plate

4458

↑4

Source: SteelHome

 

Long steel

Asia

China Exports

Metal Bulletin''s appraisal of Chinese mills'' prices for export of commercial-quality carbon steel, $ per tonne fob main China port.

China export rebar $ per tonne fob main port

553.96 / 553.96

06 Feb 2018

China export wire rod (mesh quality) $ per tonne fob main port

560 / 580

06 Feb 2018

Eastern China Domestic

Metal Bulletin's appraisal of prices in eastern China for commercial-quality carbon steel of Chinese origin, yuan per tonne ex-warehouse.

Eastern China domestic rebar yuan per tonne ex-warehouse

3880 / 3940

06 Feb 2018

Northern China Domestic

 

Northern China Tangshan Domestic Billet ex-works Yuan per tonne

3640 / 3640

06 Feb 2018

- source: Metal Bulletin

  •  In China's domestic market on the same day, spot prices for 18-25mm diameter HRB400 rebar were assessed at Yuan 4,100-4,120/mt ($652-655/mt) ex-stock actual weight including 17% VAT, stable from Monday. Prices are expected to remain at current level before the Lunar New Year holidays.– source: Platts

 

Flat steel

Asia

China Exports

 

China export cold rolled coil $ per tonne fob main port

610 / 615

06 Feb 2018

China export hot rolled coil $ per tonne fob main port

584.71 / 584.71

06 Feb 2018

China export heavy plate $ per tonne fob main port

565 / 570

06 Feb 2018

China export galvanized coil (1mm) $ per tonne fob main port

670 / 680

06 Feb 2018

Eastern China Domestic

Metal Bulletin's appraisal of prices in eastern China for commercial-quality carbon steel of Chinese origin, yuan per tonne delivered warehouse.

Eastern China domestic hot rolled coil yuan per tonne ex-warehouse

4110 / 4130

06 Feb 2018

  • S&P Global Platts assessed SS400 HRC 3 mm thick unchanged from Monday at $582-$584/mt FOB China, with the midpoint at $583/mt. On a CFR Southeast Asia basis, the same grade of coil was assessed at $594-$596/mt with a midpoint of $595/mt, also flat day on day. – source: Platts

 

  • Platts assessed Q235 5.5 mm HRC at Yuan 4,130-4,150/mt ($658-$661/mt) ex-stock including 17% VAT, implying a midpoint of Yuan 4,140/mt, unchanged day on day. On the Shanghai Futures Exchange, the mostactive May HRC contract closed at Yuan 4,010/mt on Tuesday, down Yuan 18/mt from Monday. – source: Platts

 

Steel Prices in Other Countries

 

Semis

  • S&P Global Platts assessed CIS export billet at $490/mt FOB Black Sea Tuesday, up $2.50/mt on day. - source: Platts

 

Bar/ Wire rod

  • Spot prices of seaborne rebar in Asia inched up slightly Tuesday as exporters increased their offers. S&P Global Platts assessed 16-20 mm diameter BS500 rebar at $551.50/mt FOB China actual weight, up 50 cents from Monday. source: Platts

 

  • S&P Global Platts assessed Turkish export rebar at $557.50/mt FOB Tuesday, up $2.50/mt on day. - source: Platts

  

HRC/P

  • The S&P Global Platts TSI hot-rolled coil index was up €4/mt Tuesday to €562/mt ($694.80/mt) ex-works Ruhr. - source: Platts

 

  • The daily Platts TSI US HRC assessment was calculated at $725.25/st Tuesday, up $4.75/st from Monday - source: Platts

  



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