|
The production cost of billet enterprises in Tangshan area was
calculated as follows:
Iron ore: In
terms of spot cost, the purchase price of 66% grade iron ore
concentrates (domestic mines) in Tangshan area remained unchanged at 820
yuan/t this week (dry basis / bank acceptance/ ex-factory price); the
purchase price of imported PB fines (61.5%) dropped by 5 yuan to 625
yuan/t (wet tons at port/ by cash/ tax included).
Coke: This
week, steel mills’ purchase price of secondary metallurgical coke in
Tangshan area remained flat at 2,090 yuan/t (tax included/ bank
acceptance/ deliver to plant).
Considering the raw materials and fuel cost, production lines cost
(sintering, ironmaking, steelmaking), management cost (760 yuan/t),
carbon billet production cost was estimated at 2,688 yuan/t in Tangshan
area (tax excluded), down 7 yuan/t. Carbon billet price was 2983 yuan/t
(tax excluded), semis manufacturers were theoretically selling at a unit
profit of 295 yuan/t. (43.9 dollars/t).
|
Yuan/T |
Iron Ore |
II grade Coke[4] |
Q235 Billet |
|
66% Concentrates |
61.5% PB fines |
Spot Price (tax included) |
Production Cost (tax excluded) |
|
(Dry Basis) [1] |
(Wet Basis) [2] |
|
2019/3/8 |
820 |
625 |
2090 |
3460 |
2688 |
|
2019/3/1 |
820 |
630 |
2090 |
3490 |
2695 |
|
Change |
- |
-5 |
- |
-30 |
-7 |
|
Change% |
- |
-0.79% |
- |
-0.86% |
-0.26% |
Note:
[1] Dry basis, 16% VAT included, bank acceptance, ex-factory price,
domestic iron ore prices in Hebei province.
[2] Wet basis, 16% VAT included, cash payment, price at Jingtang port.
[3] The price above includes cost from materials, labor and production
line.
[4] Bank acceptance, 16% VAT included, deliver to plant.
[5] 1
USD=6.7235 RMB (Yuan) on Mar.08. |
(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932) |
