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I Steel
SteelHome (China) Steel Price Index
(SHCNSI)
was 97.68 points (4,225 yuan) on 28 March 2019, down 0.05 or 2 yuan per
ton from the previous trading day. Steel price in key markets slightly
adjusted. Details are as below:
Construction steel:
domestic construction steel in 28 markets averaged price fell by 8-10
yuan/t. 20mm HRB400 rebar averaged at 3999 yuan per ton, down 8 yuan/t
from previous trading day. Price decreased by 10-40 yuan/t in East
China, Central South China and West China markets, while hiked by 10
yuan/t in Shenyang market. The rest was stable.
Medium plate:
20mm Q235B medium plat price averaged at 4049 yuan per ton in 28
domestic markets, unchanged from previous trading day. Among them, price
went down by 20-30 yuan/t in Beijing, Shijiazhuang and Chongqing
markets, while hiked by 20-30 yuan/t in Changsha and Xi’an markets. The
rest kept stable.
HRC:
Price was basically unchanged. 5.75mm Q235B HRC average price was
stabilized at 3927 yuan per ton in 28 domestic markets. Price kept
stable except 20 yuan hike in Shenyang market.
CRC:
average price of 1.0mm SPCC CRC was 4445 yuan per ton in 28 domestic
markets, unchanged from previous trading day. Price was stable except 20
yuan reduction in Zhengzhou market against stability in the rest.
Table 1: SteelHome China Steel Price Index (SHCNSI) [2019-03-28]
|
|
Price Index |
Week on week% |
Month on month% |
Quarter on quarter% |
Year on year% |
|
Steel Index (SHCNSI) |
97.68 |
4225 |
-0.27 |
1.36 |
-5.8 |
-5.77 |
|
Long Products (SHCNSI-L) |
111.89 |
4067 |
-0.58 |
1.36 |
-8.17 |
-3.67 |
|
Flat Products (SHCNSI-F) |
86.53 |
4070 |
-0.08 |
1.65 |
-4.09 |
-7.53 |
|
Special Steel (SHCNSI-S) |
110.31 |
4444 |
0.09 |
0.62 |
-4.63 |
-7.36 |
|
Stainless Steel (SHCNSI-SS) |
67.67 |
14832 |
-0.25 |
0.78 |
-2.29 |
-1.6 |
|
Wire Rod (SHCNSI-WR) |
112.07 |
4145 |
-0.6 |
1.75 |
-9.57 |
-3.4 |
|
Rebar (SHCNSI-RB) |
113.5 |
4015 |
-0.72 |
1.4 |
-8.84 |
-3.26 |
|
Section Bar (SHCNSI-SB) |
109.04 |
4119 |
-0.1 |
0.7 |
-3.86 |
-5.29 |
|
Medium Plate (SHCNSI-MP) |
88.26 |
4121 |
-0.02 |
1.31 |
-3.61 |
-5.44 |
|
HR Coil (SHCNSI-HR) |
85.11 |
3933 |
-0.18 |
1.69 |
-3.61 |
-7.77 |
|
CR Coil (SHCNSI-CR) |
74.62 |
4535 |
0.13 |
2.55 |
-4.85 |
-9.09 |
|
Quality Wire (SHCNSI-QW) |
104.88 |
4165 |
0.07 |
0.41 |
-8.57 |
-10.24 |
|
Carbon & Alloy Structural Steel (SHCNSI-CA) |
111.51 |
4348 |
0.06 |
0.95 |
-2.71 |
-6.34 |
|
Seamless Pipe (SHCNSI-SP) |
89.7 |
5046 |
-0.1 |
1.09 |
-5.74 |
-8.03 |
|
Strip (SHCNSI-Strip) |
100.44 |
3784 |
-0.29 |
0.89 |
-4.69 |
-6.38 |
|
Welded Pipe (SHCNSI-WP) |
105.86 |
4111 |
-0.12 |
1.16 |
-4.48 |
-3.71 |
II Raw Materials
On 28 March, Tangshan common billet price was hiked by 10 yuan to 3440
yuan per ton, (cash, tax included, ex-works). Spot products in Tangshan
billet market were priced at 3520 yuan per with flat transaction. Billet
inventory amounted to 859,400 tons in 16 stocks of Tangshan, down 15,500
tons from last week.
On 28 March, iron ore market saw few changes. SteelHome data showed that
China Domestic Iron Ore Price Index (SHCNDOI)
65%
was 757 yuan per ton, unchanged and SteelHome Imported Iron Ore Price
Index (SHCNIOI) 62% was 84.72 dollars per
ton, down 0.02 dollar/t.
Spot ore transacting price saw little change at China ports, For
instance, PB fines trading price was 620 yuan per ton at Caofeidian port
and PB fines at Tianjin port were traded at 630 yuan per ton. Overall
transactions was increased due to resume of mills in Hebei Province.
Table 2: China Raw Material Import Price Aggregates on 28 March 2019
Price in US$ per ton
1 USD=
6.7263
(Yuan) on Mar.28
|
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 |
96.5 |
85.5 |
86.5 |
68.5 |
45.5 |
188 |
138 |
325 |
315 |
315 |
|
Up/down |
━ |
━ |
━ |
━ |
━ |
━ |
↓1 |
━ |
━ |
━ |
|
manufacturer |
Carajas |
Pilbara |
Orissa |
Goa |
Goa |
Australia |
Australia |
Venezuela |
US |
Russia |
|
Note |
dry basis/dollars/t (CIF) |
dry basis/dollars/t (CIF) |
dry basis/dollars/t (CIF) |
dry basis/dollars/t (CIF) |
dry basis/dollars/t (CIF) |
CIF, USD/t/mid-vol prime coking coal |
dollars/t (CIF) |
dollars/t(CIF) |
dollars/t (CIF) |
dollars/t (CIF) |
III Futures (night offer)
Table 3: Futures (night offer)
|
Product |
night offer (End time: 23:30 28 March (yuan) |
Growth |
|
Rebar RB1905 |
3695 |
+5 |
|
HRC HC1905 |
3673 |
-2 |
|
Coke J1905 |
1965 |
- |
|
Coking coal JM1905 |
1234 |
+5.5 |
|
Iron ore I1905 |
613.5 |
+6.5 |
|
Thermal coal ZC1905 |
593.6 |
-0.6 |
IV Steelmakers’ ex-works price policy
32 steelmakers released ex-works price
policy on March 28, 2019.
|
Mill |
Product |
Size |
Ex-works (yuan per ton) price |
Up/down (yuan per ton) |
|
Maanshan Steel |
rebar |
Φ16-25mm HRB400 |
4030 |
-30 |
|
coiled rebar |
Φ8-12mm HRB400 |
4180 |
-30 |
|
high speed wire rod |
Φ6-10mm HRB300 |
4140 |
-30 |
|
Nanjing Steel |
rebar |
Φ16-25mm HRB400 |
4000 |
+10 |
|
Changjiang Steel |
rebar |
Φ16-25mm HRB400 |
4020 |
- |
|
Coiled rebar |
Φ8-10mm HRB400 |
4190 |
- |
|
Kunming Steel |
rebar |
Φ18-22mm HRB400E |
4970 |
-30 |
|
Coiled rebar |
Φ8-10mm HRB400E |
5090 |
-30 |
|
high speed wire rod |
Φ8mm HRB300 |
5030 |
-30 |
|
Panzhihua Steel |
rebar |
Φ16-22mm HRB400E |
4970 |
-30 |
|
coiled rebar |
Φ8-10mm HRB400E |
4160 |
-40 |
|
high speed wire rod |
Φ8-10mm HRB300 |
4160 |
-40 |
V SteelHome Event
Agenda of XV Steel Development Strategy and Supply/Demand Conference
Confirmed Speakers at XV Steel Development Strategy and Supply/Demand
Conference
Invitation to SteelHome XV Steel Development Strategy Conference
Updated Agenda of XV Steel Development Strategy and Supply/Demand
Conference
Chinese Major Steelmakers Profile (2018 Updated).
VI SteelHome Dynamics
High Strength Spring Steel of Fangda Special Steel
Development of Baosteel Ultra-pure Ferritic Stainless Steel
China Tianjin Tiantie Metallurgical Group Announced HRC Settlement Price
for March 2019
China Tianjin Tiantie Metallurgical Group Announced April HRC Order
Price
Announcement about Liaoyang United Steel Capacity Replacement Plan
China Shougang Tonghua Steel Announced March Settlement Price for Long
Steel Products
Net Profit of China Shenhua Group down 2.6% YoY in 2018
SteelHome: China Longs Inventory for March 21-28, 2019 (40 marketplaces)
SteelHome: China Quality & Special Steel Inventory for March 22-28, 2019
(26 marketplaces)
Vale Announces Q4 and 2018 Coal Production Report
Vale Reports Lack Updated Iron Ore Guidance
India's Coal Ministry Eases Coal Supply Linkage Rules for Thermal Power
Companies
Demand for Long Products in Spain not Clear in 2019
Sabic Sees Big Prospects in Chinese Market
Mexico Moved Up 15% Safeguard Tariffs on Steel Over 6-Month Next
Hyundai Steel Moved Up Buying Scrap from New Zealand |
