I Steel
SteelHome (China) Steel Price Index
(SHCNSI)
was 99.15 points (4,289 yuan) on 16 May 2019, down 0.01 point (1 yuan)
from the previous trading day. Steel price in key markets saw both hike
and decline. Details are as below:
Construction steel:
20mm HRB400 rebar averaged at 4129 yuan per ton, up 5 yuan/t from
previous trading day. Among them, price hiked by 10-30 yuan/t in East
China, Central South China, North China markets and Xi’an market, while
decreased by 30-40 yuan/t in Chongqing and Lanzhou markets. But price
stopped to keep stable in most of markets.
Medium plate:
20mm Q235B medium plat price averaged at 4122 yuan per ton in 28
domestic markets, down 1 yuan/t from previous trading day. Price
declined by 30 yuan/t in Fuzhou market, while headed up 10 yuan/t in
Wuhan market. The rest was stable.
HRC:
Price fluctuated. 5.75mm Q235B HRC average price was stable at 4029 yuan
per ton in 28 domestic markets. Among the whole markets, price declined
by 20-30 yuan/t in Nanning and Guiyang markets, while hiked by 10-20
yuan/t in Shanghai, Tianjin, Changchun and Harbin markets. The rest was
stable.
CRC:
average price of 1.0mm SPCC CRC was 4382 yuan per ton in 28 domestic
markets, down 7 yuan/t from previous trading day. Price went down by
10-60 yuan/t in Hangzhou, Wuxi, Fuzhou, Lecong, Changsha, Chengdu and
Guiyang markets, while hiked by 20 yuan/t in Changchun market. The price
in the rest was stable.
Table 1: SteelHome China Steel Price Index (SHCNSI) [2019-05-16]
|
Price Index |
Week on week% |
Month on month% |
Quarter on quarter% |
Year on year% |
Steel Index (SHCNSI) |
99.15 |
4289 |
-1.04 |
0.16 |
3.83 |
-3.79 |
Long Products (SHCNSI-L) |
114.66 |
4168 |
-1.26 |
0.24 |
4.58 |
-1.43 |
Flat Products (SHCNSI-F) |
87.96 |
4136 |
-0.88 |
0.41 |
4.24 |
-5.69 |
Special Steel (SHCNSI-S) |
109.76 |
4421 |
-1.12 |
-0.41 |
1.99 |
-5.22 |
Stainless Steel (SHCNSI-SS) |
65.32 |
14315 |
-0.16 |
-1.69 |
-2.49 |
-1.55 |
Wire Rod (SHCNSI-WR) |
115.66 |
4278 |
-1.35 |
0.59 |
5.47 |
-1.3 |
Rebar (SHCNSI-RB) |
117.04 |
4141 |
-1.53 |
0.31 |
5.36 |
-0.46 |
Section Bar (SHCNSI-SB) |
108.43 |
4096 |
-0.29 |
-0.52 |
0.89 |
-4.49 |
Medium Plate (SHCNSI-MP) |
89.85 |
4195 |
-0.73 |
0.36 |
4.28 |
-5.04 |
HR Coil (SHCNSI-HR) |
87.43 |
4040 |
-1.04 |
0.87 |
5.16 |
-5.59 |
CR Coil (SHCNSI-CR) |
73.68 |
4477 |
-0.72 |
-0.95 |
2.89 |
-6.85 |
Quality Wire (SHCNSI-QW) |
106.82 |
4242 |
-0.78 |
0.7 |
2.97 |
-6.61 |
Carbon & Alloy Structural Steel (SHCNSI-CA) |
109.13 |
4256 |
-1.61 |
-1.23 |
1.84 |
-4.63 |
Seamless Pipe (SHCNSI-SP) |
88.33 |
4969 |
-0.18 |
-0.68 |
0.07 |
-7.3 |
Strip (SHCNSI-Strip) |
103.56 |
3901 |
-1.09 |
1.28 |
4.25 |
-4.38 |
Welded Pipe (SHCNSI-WP) |
107.42 |
4171 |
-0.47 |
0.41 |
2.79 |
-2.73 |
II Raw Materials
On 15 May, Tangshan common billet price was up by 20 yuan to 3550 yuan
per ton, (cash, tax included, ex-works). Spot products in Tangshan
billet market were priced at 3640 yuan per with flat transaction. Billet
inventory totaled at 304,500 tons in 16 stocks in Tangshan City, down by
46,400 tons from last week.
On 16 May, iron ore market overall headed up. SteelHome data showed that
China Domestic Iron Ore Price Index (SHCNDOI)
65%
was 788 yuan per ton, up 3 yuan/t and SteelHome Imported Iron Ore
Price Index (SHCNIOI) 62% was 96.27
dollars per ton, up 1.93 dollars/t from previous day.
Spot ore transacting price hiked by 10-15 yuan/t at China ports, For
instance, PB fines trading price was 693 yuan per ton at Qingdao port
and Jimblebar fines at Tianjin port were traded at 680 yuan per ton with
flat transactions.
Seaborne iron ore markets slightly
hiked. Global platform trading price was 102.8 dollars/t for 0.17
million tons 62%BRBF fine with laycan during 8-17 June 2019.
Table 2: China Raw Material Import Price Aggregates on 16 May 2019
Price in US$ per ton
1 USD=
6.8688
(Yuan) on May 16
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 |
113 |
97.5 |
100 |
83 |
61 |
194 |
136 |
305 |
315 |
310 |
Up/Down |
↑2 |
↑2 |
↑2 |
↑2 |
↑2 |
━ |
━ |
━ |
━ |
━ |
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 16 May ) (yuan) |
Growth |
Rebar RB1910 |
3779 |
+37 |
HRC HC1910 |
3688 |
+36 |
Coke J1909 |
2143.5 |
+4.5 |
Coking coal JM1909 |
1375.5 |
+6.5 |
Iron ore I1909 |
689 |
+8.5 |
Thermal coal ZC1909 |
598.8 |
-3 |
IV Steelmakers’ ex-works price policy
39 steelmakers released ex-works price
policy on 17 May, 2019.
Mill |
Product |
Size |
Ex-works (yuan per ton) price |
Up/down (yuan per ton) |
Maanshan Steel |
rebar |
Φ16-25mm HRB400 |
4140 |
-10 |
coiled rebar |
Φ8-12mm HRB400 |
4300 |
-10 |
high speed wire rod |
Φ6-10mm HRB300 |
4250 |
-10 |
Nanjing Steel |
rebar |
Φ16-25mm HRB400 |
4150 |
- |
Youfa PIpe |
Hot-dipped galvanized sheet |
4*3.5 Q235 |
5570 |
+20 |
Longmen Steel |
rebar |
Φ18-25mm HRB400E |
4120 |
- |
coiled rebar |
Φ8-10mm HRB400E |
4200 |
- |
high speed wire rod |
Φ6.5mm HRB300 |
4120 |
- |
Shaoguan Steel |
rebar |
Φ18-25mm HRB400 |
4390 |
+30 |
coiled rebar |
Φ8-10mm HRB400E |
4610 |
+30 |
high speed wire rod |
Φ8mm HRB300 |
4480 |
+30 |
Anyang Steel |
rebar |
Φ18-20mm HRB400E |
4282.7 |
-90.4 |
HRC |
5.75mm*1500*C Q235 |
4181 |
-113 |
Medium plate |
14-25mm*2000 Q235 |
4361.8 |
-113 |
U steel |
6.3-10# Q235 |
4254.45 |
-90.4 |
Angle steel |
5# Q235 |
4265.75 |
-90.4 |
V SteelHome Event
Chinese Major Steelmakers Profile (2018 Updated).
Profile of XV Steel Development Strategy and Supply/Demand Conference
Summary of SteelHome Spring Report
VI SteelHome Dynamics
Tangshan to Totally Cut 18 Mlnts Capacity in 2019
China Stainless Steelmakers Guidance Price Aggregates on 16 May 2019
Shagang Remained Long Steel Price Unchanged for Middle May 2019
Fujian Sanming Steel Adjusts Industrial Wire and Bars Price Policy on 16
May 2019
Pangang Group Changcheng Special Steel Adjusts Quality Steel Price
Policy for H2 of May 2019
China Ansteel Announced Steel Price Policy for June 2019
China Hebei Steel Released Long Steel Sales Price for Middle May, 2019
Commercial Coal Output in China National Coal Group up 29.1% YoY in
April 2019
Iron Ore Index Collection for May 15, 2019
Baosteel Released Quality Wire Futures Price Policy for June 2019
USA March Steel Shipments Up 2.9 Percent Year-over-Year
Mongolia Coal Exports to China up 12% YoY in the First Four Months of
2019
AISI Releases April SIMA Imports Data
Ukraine Launches AD Investigation on HR Seamless Steel Pipe from China
Australia's Pembroke Wins Govt Approval for $700m Coking Coal Mine
Colombia Coal Exports down 25% YoY in the First Quarter of 2019
South Korea Coal Imports up 21.41% MoM in April 2019
Middle East Steel Import Price on May 14, 2019 |