I Steel
SteelHome (China) Steel Price Index
(SHCNSI)
was 97.78 points (4,229 yuan) on 1 April 2019, down 0.22 or 9 yuan per
ton from the previous trading day. Steel price in key markets overall
hiked. Details are as below:
Construction steel:
domestic construction steel in 28 markets averaged price hiked by 16-18
yuan/t. 20mm HRB400 rebar averaged at 4010 yuan per ton, up 18 yuan/t
from previous trading day. Price hiked by 70 yuan/t in Nanning market,
10-30 yuan/t in East China, Central South China, North China, Northeast
China, Southwest China and Northwest China markets except 20 yuan
reduction in Urumqi market.
Medium plate:
20mm Q235B medium plat price averaged at 4054 yuan per ton in 28
domestic markets, up 6 yuan/t from previous trading day. Among them,
price hiked by 10-30 yuan/t in Wuxi, Lecong, Tianjin, Shijiazhuang,
Taiyuan, Baotou, Shenyang, Chongqing and Chengdu markets. The rest kept
stable.
HRC:
Price was basically unchanged. 5.75mm Q235B HRC average price was
increased by 13 yuan to 3938 yuan per ton in 28 domestic markets. Price
went up by 10-40 yuan/t in Shanghai, Wuxi, Nanchang, Lecong, Wuhan,
Zhengzhou, Xi’an, North China and Northeast China markets except 20 yuan
fall in Fuzhou market.
CRC:
average price of 1.0mm SPCC CRC was 4442 yuan per ton in 28 domestic
markets, up 1 yuan/t from previous trading day. Price hiked by 20 yuan/t
in Nanchang and Wuhan markets, while decreased by 20 yuan/t in Lecong
market. The rest was stable.
Table 1: SteelHome China Steel Price Index (SHCNSI) [2019-04-01]
|
Price Index |
Week on week% |
Month on month% |
Quarter on quarter% |
Year on year% |
Steel Index (SHCNSI) |
97.78 |
4229 |
0.01 |
0.21 |
1.61 |
-5.55 |
Long Products (SHCNSI-L) |
112.2 |
4079 |
0.06 |
0.19 |
1.48 |
-3.41 |
Flat Products (SHCNSI-F) |
86.57 |
4071 |
0.03 |
0.39 |
2.09 |
-7.32 |
Special Steel (SHCNSI-S) |
110.27 |
4442 |
-0.04 |
0.24 |
1.1 |
-7.17 |
Stainless Steel (SHCNSI-SS) |
67.34 |
14760 |
-0.52 |
-1.85 |
-0.64 |
-1.53 |
Wire Rod (SHCNSI-WR) |
112.41 |
4158 |
0.07 |
0.23 |
1.78 |
-3.12 |
Rebar (SHCNSI-RB) |
113.88 |
4029 |
0.1 |
0.14 |
1.5 |
-2.96 |
Section Bar (SHCNSI-SB) |
109.12 |
4122 |
-0.05 |
0.29 |
0.98 |
-5.18 |
Medium Plate (SHCNSI-MP) |
88.41 |
4128 |
0.11 |
0.42 |
2.15 |
-5.36 |
HR Coil (SHCNSI-HR) |
85.26 |
3940 |
0.19 |
0.5 |
2.29 |
-7.51 |
CR Coil (SHCNSI-CR) |
74.5 |
4527 |
-0.16 |
0.44 |
2.61 |
-8.85 |
Quality Wire (SHCNSI-QW) |
104.79 |
4162 |
-0.06 |
0.21 |
0.65 |
-9.98 |
Carbon & Alloy Structural Steel (SHCNSI-CA) |
111.48 |
4347 |
-0.02 |
0.31 |
1.65 |
-6.13 |
Seamless Pipe (SHCNSI-SP) |
89.46 |
5033 |
-0.32 |
-0.33 |
0.67 |
-7.94 |
Strip (SHCNSI-Strip) |
100.14 |
3772 |
-0.23 |
-0.04 |
0.99 |
-6.19 |
Welded Pipe (SHCNSI-WP) |
105.81 |
4109 |
-0.09 |
0.12 |
1.27 |
-3.58 |
II Raw Materials
On 1 April, Tangshan common billet price was decreased by 20 yuan to
3450 yuan per ton, (cash, tax included, ex-works). Spot products in
Tangshan billet market were priced at 3490-3500 yuan per with flat
transaction. The market was impacted by VAT reduction.
On 1 April, iron ore market saw both hike and decline. SteelHome data
showed that
China Domestic Iron Ore Price Index (SHCNDOI)
65%
was 748 yuan per ton, down 9 yuan/t and SteelHome Imported Iron Ore
Price Index (SHCNIOI) 62% was 87.12
dollars per ton, up 0.47 dollar/t.
Spot ore transacting price which was based on 13% VAT was basically
stable from late Friday at China ports, For instance, PB fines trading
price was 630 yuan per ton at Qingdao port and Carajars fines at
Caofeidian port were traded at 715 yuan per ton. Overall transactions
were flat.
Seaborne iron ore markets hiked. GlobalORE trading price was101
dollars/t for 0.12 million tons 62% Carajars fines with deadline laycan
on 22 March 2019.
Table 2: China Raw Material Import Price Aggregates on 1 April 2019
Price in US$ per ton
1 USD=
6.7193
(Yuan) on Apr. 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 |
98.5 |
88 |
89 |
71 |
48 |
186 |
138 |
325 |
315 |
315 |
Up/Down |
↑0.5 |
↑0.5 |
↑0.5 |
↑0.5 |
↑0.5 |
━ |
━ |
━ |
━ |
━ |
manufacturer |
Carajas |
Pilbara |
Orissa |
Goa |
Goa |
Australia |
Australia |
Venezuela |
US |
Rus |
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 1 April ) (yuan) |
Growth |
Rebar RB1905 |
3484 |
-13 |
HRC HC1905 |
3750 |
-28 |
Coke J1905 |
2008.5 |
-8.5 |
Coking coal JM1905 |
1243 |
-5.5 |
Iron ore I1905 |
646 |
-4 |
Thermal coal ZC1905 |
606.6 |
-2.2 |
IV Steelmakers’ ex-works price policy
47 steelmakers released ex-works price
policy on 1 April, 2019.
Mill |
Product |
Size |
Ex-works (yuan per ton) price |
Up/down (yuan per ton) |
Maanshan Steel |
rebar |
Φ16-25mm HRB400 |
4090 |
- |
coiled rebar |
Φ8-12mm HRB400 |
4240 |
- |
high speed wire rod |
Φ6-10mm HRB300 |
4200 |
- |
Nanjing Steel |
rebar |
Φ16-25mm HRB400 |
4000 |
- |
JISCO Lanzhou |
rebar |
Φ18-25mm HRB400E |
4150 |
+10 |
Coiled rebar |
Φ8-10mm HRB400E |
4290 |
+10 |
Medium plate |
20mm*2000 Q235 |
4190 |
- |
high speed wire rod |
Φ8-10mm HRB300 |
4200 |
+10 |
Shuicheng Steel Guiyang |
rebar |
Φ18-25mm HRB400E |
4180 |
+40 |
Coiled rebar |
Φ8-10mm HRB400E |
4140 |
+40 |
high speed wire rod |
Φ8-10mm HRB300 |
4160 |
+40 |
Chongqing Steel |
rebar |
Φ18-25mm HRB400 |
4210 |
-20 |
coiled rebar |
Φ8-10mm HRB400 |
4320 |
-20 |
high speed wire rod |
Φ6.5mm HRB300 |
4400 |
-20 |
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
Weekly Summary: China Coke Ex-works Price on Mar. 22-29, 2019
90 Coal Enterprises Produced 0.39 Billion Tons of Raw Coal in Jan-Feb,
2019
Weekly Summary: China Coke Procurement Price for Mar. 122-29, 2019
Weekly Summary: China PCI Procurement Price for Mar. 22-29, 2019
Weekly Summary: China Coking Coal Procurement Price for Mar. 22-29, 2019
Weekly Summary: China Scrap Procurement Price for Mar. 22-29, 2019
Weekly Summary: China Iron Concentrates Procurement Price for Mar.
22-29, 2019
Weekly Report of China Steel Market for March 22-29, 2019
Rio Tinto Flags 14Mln Tonnes of Iron Ore Output Loss Due to Cyclone
Veronica
Weekly Report of China Iron Ore Market for Mar.22-29, 2019
Rio Tinto Declares Force Majeure on Iron Ore Shipments to Some Customers
Weekly Report of China Coal Market for March 22-29, 2019
SteelHome: Production Cost of Billet in Hebei Tangshan City (March
22-29, 2019)
SteelHome: Production Cost of Steel Mills (March 22-29, 2019)
Iron Ore Index Collection for Mar 29, 2019
SteelHome: China HRC/CRC/Medium Plate Inventory on March 29, 2019 (49
Chinese Steelmakers)
Indian Coke Import Price on Apr 1,2019
ArcelorMittal Applies Hydrogen in Steel Manufacturing
Czech Steel Export Value Hits Record High in 2018
NLMK Expands Pelletizing Capacity through Outotec Agreement
EUROFER & IndustriALL Request Trade Protection Measures against
Indonesian Stainless Steel Exports |