I Steel
SteelHome (China) Steel Price
Index
was 87.72 points (3,794 yuan) on May 24, a decrease of 0.50 point or 22 yuan
from the previous trading day.
SteelHome:
Daily Steel Index Report on May 24, 2017
Products
review: On
May 24, steel products prices mainly went down.
Table:
SteelHome China Steel Price Index (SHCNSI)[2016-05-24--2017-05-24]
1USD=6.8758
RMB (Yuan)
|
Index
|
Week
on week%
|
Month
on month%
|
Quarter
on quarter%
|
Year
on year%
|
Point
|
RMB
|
Steel
Index (SHCNSI)
|
87.72
|
3794
|
3.48
|
0.77
|
-7.69
|
47.5
|
Long
Products (SHCNSI-L)
|
105.43
|
3833
|
4.09
|
3.6
|
-1.17
|
52.9
|
Flat
Products (SHCNSI-F)
|
74.72
|
3514
|
3.72
|
-0.63
|
-13.79
|
43.83
|
Special
Steel (SHCNSI-S)
|
96.57
|
3890
|
2.04
|
-1.31
|
-5.1
|
48.32
|
Stainless
Steel (SHCNSI-SS)
|
60.51
|
13263
|
-0.83
|
-6.7
|
-12.25
|
34.41
|
Wire
Rod (SHCNSI-WR)
|
104.21
|
3855
|
3.78
|
3
|
-1.66
|
53.66
|
Rebar
(SHCNSI-RB)
|
109.77
|
3883
|
4.7
|
4.55
|
-0.21
|
54.58
|
Section
Bar (SHCNSI-SB)
|
96.41
|
3642
|
2.54
|
1.44
|
-3.45
|
46.81
|
Medium
Plate (SHCNSI-MP)
|
75.33
|
3518
|
3.29
|
-2.03
|
-8.07
|
44.49
|
HR
Coil (SHCNSI-HR)
|
72.88
|
3368
|
4.22
|
0.26
|
-15.22
|
45.23
|
CR
Coil (SHCNSI-CR)
|
65.18
|
3961
|
3.16
|
-2.5
|
-18.19
|
40.1
|
Quality
Wire (SHCNSI-QW)
|
91.96
|
3652
|
2.64
|
-1.87
|
-5.08
|
47.29
|
Carbon
& Alloy Structural Steel (SHCNSI-CA)
|
95.7
|
3732
|
2.3
|
-0.76
|
-6.69
|
53.88
|
Seamless
Pipe (SHCNSI-SP)
|
77.9
|
4383
|
0.43
|
-2.71
|
-1.13
|
55.25
|
Strip
(SHCNSI-Strip)
|
88.26
|
3325
|
3.59
|
2.81
|
-8.48
|
46.75
|
Welded
Pipe (SHCNSI-WP)
|
92.54
|
3594
|
3.02
|
2.14
|
-5.83
|
47.57
|
II Raw Materials
On
May 24, the executive price of billet in Tangshan city was 3,060 yuan/t, down 40
yuan/t. (In cash, tax included). And the spot price of billet was 3140 yuan/t.
SteelHome:
Daily Semis Index Report on May 24, 2017
On
May 24, SteelHome Imported Iron Ore Price
Index
was 60.69 dollars/t, down 1.47 dollars/t from previous day and China Domestic Iron Ore Price
Index
(SHCNDOI) 65% was 637 yuan/t, unchanged from previous day.
SteelHome:
Daily Iron Ore Index Report on May 24, 2017
At
China main ports, the prevailing transaction price of spot iron ore decreased
by10-15 yuan/t. PB fines were traded at 455 yuan/t at Rizhao port and PB fines
were traded at 470 yuan/t at Tianjin port.
III
Futures (night offer)
Product
|
night
offer (End time: 23:30 May 24)
|
Growth
|
Rebar
RB1710
|
3247
|
1
|
HRC
HC1710
|
3124
|
-4
|
Coke
J1709
|
1527
|
0
|
Coking
coal JM1709
|
1038
|
0.5
|
Iron
ore I1709
|
456
|
0.5
|
Thermal
coal ZC1709
|
514
|
-0.6
|
IV
Steelmakers
l
Steelmakers’
Price Adjustment Policy
On
May 24, 21 steelmakers adjusted steel ex-works price.
Nanjing Steel decreased
rebar, coiled rebar by 30 yuan/t. Φ16-25mm HRB400 rebar is priced at 3850 yuan/t;
Φ8-10mm HRB400E coiled rebar was priced at 3950 yuan/t.
Panzhihua Steel
increased HRC by 20 yuan/t; increased CRC by 60 yuan/t. 5.75mm*1250*C Q235 was
priced at 3550 yuan/t; 1.0mm*1000*C St12 CRC was priced at 3990 yuan/t.
Note: All prices above include VAT.
V SteelHome Event
Profile of 13th Steel Development Strategy and
Supply/Demand Conference
13th Steel
Development Strategy and Supply/Demand Conference, host by SteelHome, was
successfully held in International Convention Center on April 21-23, 2017.
Around 1000 delegates from governments, associations, steel mills, miners,
traders, research institutes attended the one of biggest events in China steel
industry. Welcome to attend SteelHome 14th Development Strategy and
Supply/Demand Conference on April 13-15, 2018.
6th
International Raw Materials Supply Chain Summit, 7th Coal & Coke Development
Strategy Conference and 5th China Commodities E-Commerce Summit were
simultaneously held.
● Welcome
Speech…>>
VI
SteelHome Market Analysis
Off-season
Sees Price Rally, Consumption-Season Sees De-stocking, Mr.Wu Says
Q&As:
Rebar Production to Increase? High Profit to Sustain?
VII
Domestic Statistics
Pig
Iron Output in China Key Steel Mills for April 2017
Crude
Steel Output in China Key Steel Mills for April 2017
China
Pig Iron Output by Province for April 2017
Crude
Steel Output in China Key Steel Mills for April 2017
Steel
Products Output in China Key Steel Mills for April 2017
China
Steel Products Output by Province for April 2017
China
Crude Steel Output by Province for April 2017
VIII
Non-Chinese Companies Quarterly Report
SAIL
Announces FY2017 Production Report
ArcelorMittal
Announces Q1 2017 Production Report
Mount
Gibson Announces 2017 Q1 Iron Ore Production Report
IX
WSA Data
WSA:
World Crude Steel Production Increased by 5% YoY in April 2017
WSA:
Global BFI Output in April 2017
WSA:
Crude Steel Production in Jan.-Apr. 2017
WSA:
Crude Steel Production in April 2017
WSA:
Global DRI Output in April 2017
IX Unqualified Steel Capacity Reduction
Fujian
FuAn Releases Illegal Unqualified Steel Capacity List
Four
Provinces Release Illegal Unqualified Steel Capacity List
Zunyi
Releases Illegal Unqualified Steel Capacity List
X Steel
Dynamics
Jiangsu
Raw Coal Output down 4.76% YoY in Jan-Apr 2017
Forecast:
Iron Ore Arrivals at China Main Ports for May 18-June 1, 2017
Table:
China Raw Material Import Price Aggregates on May 24, 2017
Price
in US$ per tonne
1 USD=6.8758 RMB (Yuan)
Products
|
Iron
ore fines
|
Iron
ore fines
|
Iron
ore fines
|
Iron
ore fines
|
Iron
ore fines
|
Prime
coking coal
|
PCI
|
HBI
|
scrap
|
pig
iron
|
spec
|
Fe:65%
|
Fe:62%
|
Fe:63.5%
|
Fe:58%
|
Fe:52%
|
V:25%
|
A:12%
|
Fe:84%
|
HMS1
|
Si:1.0%
|
price
|
71.5
|
61.5
|
61
|
35.5
|
19
|
155
|
111
|
280
|
270
|
280
|
Up/down
|
-1.5
|
-1.5
|
-1.5
|
-1.5
|
-1
|
━
|
━
|
━
|
━
|
━
|
manufacturer
|
Carajas
|
Pilbara
|
Orissa
|
Goa
|
Goa
|
Australia
|
Australia
|
Venezuela
|
US
|
Russia
|
(To contact the reporter on this story: echo.chen@steelhome.cn or 021-50585358) |