I Steel
SteelHome (China) Steel Price Index
(SHCNSI)
was 99.53 points (4,305 yuan) on 22 May 2019, up 0.26 point (11 yuan)
from the previous trading day. Steel price in key markets mainly hiked.
Details are as below:
Construction steel:
20mm HRB400 rebar averaged at 4169 yuan per ton, up 21 yuan/t from
previous trading day. Among them, price hiked by 10-50 yuan/t in East
China, Central South China, North China and west China markets.
Medium plate:
20mm Q235B medium plat price averaged at 4119 yuan per ton in 28
domestic markets, up 4 yuan/t from previous trading day. Price hiked by
10-30 yuan/t in Shanghai, Nanjing, Nanning, Wuhan, Zhengzhou, Tianjin
and Shijiazhuang markets against stability in the rest.
HRC:
Price both hiked and declined. 5.75mm Q235B HRC average price was
increased by 6 yuan to 4030 yuan per ton in 28 domestic markets. Among
the whole markets, price headed up by 10-20 yuan/t in Shanghai, Wuxi,
Lecong, Nanning, Changsha, Wuhan, Zhengzhou, Baotou, Harbin, Chongqing
and Chengdu markets against stability in the rest.
CRC:
average price of 1.0mm SPCC CRC was 4363 yuan per ton in 28 domestic
markets, unchanged from previous trading day. Price hiked by 10 yuan in
Hefei, Lecong and Changchun markets, while decreased by 30 yuan/t in
Guiyang market. Price in the rest was stable.
Table 1: SteelHome China Steel Price Index (SHCNSI) [2019-05-22]
|
Price Index |
Week on week% |
Month on month% |
Quarter on quarter% |
Year on year% |
Steel Index (SHCNSI) |
99.53 |
4305 |
-0.01 |
-0.05 |
3.76 |
-3.77 |
Long Products (SHCNSI-L) |
115.69 |
4206 |
0.3 |
0.07 |
4.53 |
-1.38 |
Flat Products (SHCNSI-F) |
88.08 |
4142 |
-0.15 |
0.2 |
4.18 |
-5.68 |
Special Steel (SHCNSI-S) |
109.38 |
4406 |
-0.5 |
-0.76 |
1.82 |
-5.16 |
Stainless Steel (SHCNSI-SS) |
65.3 |
14311 |
0.08 |
-1.7 |
-2.62 |
-1.7 |
Wire Rod (SHCNSI-WR) |
116.99 |
4327 |
0.37 |
0.42 |
5.45 |
-1.3 |
Rebar (SHCNSI-RB) |
118.28 |
4184 |
0.35 |
0.1 |
5.3 |
-0.39 |
Section Bar (SHCNSI-SB) |
108.51 |
4099 |
0.03 |
-0.56 |
0.83 |
-4.46 |
Medium Plate (SHCNSI-MP) |
89.89 |
4197 |
-0.23 |
0.16 |
4.23 |
-5.14 |
HR Coil (SHCNSI-HR) |
87.64 |
4050 |
-0.05 |
0.66 |
5.15 |
-5.58 |
CR Coil (SHCNSI-CR) |
73.46 |
4464 |
-0.5 |
-1.22 |
2.71 |
-6.79 |
Quality Wire (SHCNSI-QW) |
106.87 |
4244 |
-0.3 |
0.45 |
2.93 |
-6.37 |
Carbon & Alloy Structural Steel (SHCNSI-CA) |
108.47 |
4230 |
-0.76 |
-1.74 |
1.54 |
-4.69 |
Seamless Pipe (SHCNSI-SP) |
88.17 |
4960 |
-0.2 |
-0.77 |
-0.02 |
-7.28 |
Strip (SHCNSI-Strip) |
104.27 |
3928 |
0.24 |
1.15 |
4.3 |
-4.29 |
Welded Pipe (SHCNSI-WP) |
107.49 |
4174 |
0 |
0.34 |
2.79 |
-2.69 |
II Raw Materials
On 22 May, Tangshan common billet price was up by 20 yuan to 3600 yuan
per ton, (cash, tax included, ex-works). Spot products in Tangshan
billet market were priced at 3690 yuan per with flat transaction.
On 22 May, iron ore market continued to hike. SteelHome data showed that
China Domestic Iron Ore Price Index (SHCNDOI)
65%
was 795 yuan per ton, up 1 yuan/t and SteelHome Imported Iron Ore
Price Index (SHCNIOI) 62% was 100.37
dollars per ton, up1.11 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 725 yuan per ton at Rizhao port and
PB fines at Caofeidian port were traded at 730 yuan per ton with
relatively active transactions.
Seaborne market overall hiked. GlobalORE platform trading price was
101.8 dollars/t for 0.08 million tons 62% Mark fines with laycan during
11-20 June 2019.
Table 2: China Raw Material Import Price Aggregates on 22 May 2019
Price in US$ per ton
1 USD=
6.8992
(Yuan) on May 22
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 |
118 |
101.5 |
104 |
87 |
65 |
194 |
136 |
305 |
315 |
310 |
Up/Down |
↑2 |
↑1 |
↑1 |
↑1 |
↑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 22 May ) (yuan) |
Growth |
Rebar RB1910 |
3911 |
+1 |
HRC HC1910 |
3741 |
-16 |
Coke J1909 |
2274 |
-22 |
Coking coal JM1909 |
1387 |
-1 |
Iron ore I1909 |
729 |
+1 |
Thermal coal ZC1909 |
594 |
+2 |
IV Steelmakers’ ex-works price policy
56 steelmakers released ex-works price
policy on 22 May, 2019.
Mill |
Product |
Size |
Ex-works (yuan per ton) price |
Up/down (yuan per ton) |
Maanshan Steel |
rebar |
Φ16-25mm HRB400 |
4240 |
- |
coiled rebar |
Φ8-12mm HRB400 |
4400 |
- |
high speed wire rod |
Φ6-10mm HRB300 |
4350 |
- |
Nanjing Steel |
rebar |
Φ16-25mm HRB400 |
4210 |
+30 |
Youfa PIpe |
Hot-dipped galvanized sheet |
4*3.5 Q235 |
5610 |
+20 |
Liuzhou Steel |
rebar |
Φ18-20mm HRB400E |
4530 |
+30 |
CRC |
1.0mm*1250*C SPCC |
4930 |
- |
HRC |
5.75mm*1500*C SS400 |
4360 |
- |
coiled rebar |
Φ8mm HRB400E |
4580 |
+30 |
Medium plate |
20mm*2000 Q235 |
4610 |
- |
high speed wire rod |
Φ8-10mm HRB300 |
4600 |
+30 |
JISCO Lanzhou |
rebar |
Φ18-25mm HRB400E |
4420 |
+30 |
coiled rebar |
Φ8-10mm HRB400E |
4580 |
+30 |
Medium plate |
20*2000 Q235 |
4270 |
- |
high speed wire rod |
Φ8-10mm HRB300 |
4490 |
+30 |
Chongqing Steel |
rebar |
Φ18-25mm HRB400 |
4260 |
+50 |
coiled rebar |
Φ8-10mm HRB400 |
4450 |
+50 |
high speed wire rod |
Φ6.5mm HRB300 |
4400 |
+50 |
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
CISA Member Steelworks' Performance in April 2019
Anyang Steel Releases Quality Wire Ex-works Price Policy on 22 May 2019
China Stainless Steelmakers Guidance Price Aggregates on 22 May 2019
Announcement about Henan Changtai Stainless Steel Capacity Replacement
Plan Changes
Announcement about Xuzhou Steel Capacity Replacement Plan
Jiangsu Province Announced Capacity Replacement Plan for Xuzhou Steel
and Zhongxin Steel
Zenith Steel Adjusts Wires Price Policy on 21 May 2019
Weifang Special Steel Adjusts Ex-works Prices of Wires on 21 May 2019
China Hebei Steel Released Long Steel Sales Price for Late May, 2019
Russia's Mechel Announces 2018 Operational Results
Reliance Steel and Aluminum Co. Reports Q1 2019 Results
SteelHome: China Billet Export Stagnated, CIS Slab Actively Traded
Indian Coke Import Price on May 22,2019
Spanish Industry Supervisor to Lower Gas Tariff in 2020
ThyssenKrupp's Net Profit Declines in H1 FY18-19
Nucor Announces Capital Investment at South Carolina Bar Mill
US Lowers CVD Rate on CRC Imports from South Korea
Posco Seeks Steel Import Relief from Mexico after Failing to Persuade
U.S.
Vietnam Coal Imports down 2.13% MoM in April 2019
Dongkuk Steel Counters Import Materials via Price Increases
South Korea Thermal Coal Imports up 25.27% MoM in April 2019
Plate Import Activated on Shipbuild Hikes while Export Stayed Flat
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