|
I Steel
SteelHome (China) Steel Price Index
(SHCNSI)
was 99.48 points (4,303 yuan) on 23 May 2019, down 0.05 point (2 yuan)
from the previous trading day. Steel price in key markets aw both hike
and decline. Details are as below:
Construction steel:
20mm HRB400 rebar averaged at 4170 yuan per ton, up 1 yuan/t from
previous trading day. Among them, price hiked by 10-50 yuan/t in Nanning,
Changsha, Wuhan, Zhengzhou, Baotou, Harbin, Xi’an and Urumqi markets,
while decreased by 10-20 yuan/t in Shanghai, Zhangzhou, Nanjing, Fuzhou,
Beijing and Tianjin markets. Price in the rest was stable.
Medium plate:
20mm Q235B medium plat price averaged at 4120 yuan per ton in 28
domestic markets, up 1 yuan/t from previous trading day. Price was
basically stable except 20 yuan increase in Nanning and 10 yuan
reduction in Tianjin.
HRC:
Price both hiked and declined. 5.75mm Q235B HRC average price was
decreased by 3 yuan to 4027 yuan per ton in 28 domestic markets. Among
the whole markets, price headed up by 10-20 yuan/t in Fuzhou and
Zhengzhou markets, while decreased by 10-30 yuan/t in Shanghai, Wuxi,
Wuhan, Shenyang, Changchun and Chengdu markets.
CRC:
average price of 1.0mm SPCC CRC was 4361 yuan per ton in 28 domestic
markets, down 2 yuan/t from previous trading day. Price was stable
except 10 yuan reduction in Tianjin and 50 yuan reduction in Xi’an
markets.
Table 1: SteelHome China Steel Price Index (SHCNSI) [2019-05-23]
|
|
Price Index |
Week on week% |
Month on month% |
Quarter on quarter% |
Year on year% |
|
Steel Index (SHCNSI) |
99.48 |
4303 |
0.03 |
-0.07 |
3.74 |
-3.75 |
|
Long Products (SHCNSI-L) |
115.67 |
4205 |
0.4 |
0.07 |
4.53 |
-1.36 |
|
Flat Products (SHCNSI-F) |
88.01 |
4139 |
-0.14 |
0.17 |
4.17 |
-5.67 |
|
Special Steel (SHCNSI-S) |
109.34 |
4404 |
-0.53 |
-0.83 |
1.77 |
-5.15 |
|
Stainless Steel (SHCNSI-SS) |
65.21 |
14292 |
0.04 |
-1.71 |
-2.65 |
-1.74 |
|
Wire Rod (SHCNSI-WR) |
117.01 |
4328 |
0.51 |
0.43 |
5.46 |
-1.28 |
|
Rebar (SHCNSI-RB) |
118.22 |
4182 |
0.46 |
0.1 |
5.3 |
-0.35 |
|
Section Bar (SHCNSI-SB) |
108.51 |
4099 |
0.04 |
-0.56 |
0.82 |
-4.46 |
|
Medium Plate (SHCNSI-MP) |
89.88 |
4197 |
-0.22 |
0.13 |
4.22 |
-5.17 |
|
HR Coil (SHCNSI-HR) |
87.56 |
4046 |
-0.05 |
0.63 |
5.15 |
-5.58 |
|
CR Coil (SHCNSI-CR) |
73.41 |
4461 |
-0.51 |
-1.27 |
2.67 |
-6.77 |
|
Quality Wire (SHCNSI-QW) |
106.87 |
4244 |
-0.29 |
0.42 |
2.92 |
-6.31 |
|
Carbon & Alloy Structural Steel (SHCNSI-CA) |
108.38 |
4226 |
-0.82 |
-1.85 |
1.47 |
-4.7 |
|
Seamless Pipe (SHCNSI-SP) |
88.07 |
4955 |
-0.24 |
-0.8 |
-0.04 |
-7.27 |
|
Strip (SHCNSI-Strip) |
104.1 |
3922 |
0.3 |
1.15 |
4.32 |
-4.26 |
|
Welded Pipe (SHCNSI-WP) |
107.49 |
4174 |
0.02 |
0.33 |
2.79 |
-2.68 |
II Raw Materials
On 23 May, Tangshan common billet price was up by 10 yuan to 3610 yuan
per ton, (cash, tax included, ex-works). Spot products in Tangshan
billet market were priced at 3700 yuan per with flat transaction. The
billet inventory totaled at 274,600 tons at 16 stocks in Tangshan, down
29,900 tons from previous week.
On 23 May, iron ore market continued to hike. SteelHome data showed that
China Domestic Iron Ore Price Index (SHCNDOI)
65%
was 795 yuan per ton, unchanged and SteelHome Imported Iron Ore Price
Index (SHCNIOI) 62% was 101.79 dollars per
ton, up1.42 dollars/t from previous day.
Spot ore transacting price hiked by 5 yuan/t at China ports, For
instance, PB fines trading price was 730 yuan per ton at Rizhao port and
PB fines at Tianjin port were traded at 742 yuan per ton with relatively
active transactions.
Seaborne market overall continues to hike. GlobalORE platform
respectively trades 0.17 million tons PB fines for the month June, July
and August and trading price was 2.35 dollars/t higher than 62% Platts
index of each month with laycan during 16-25th of each month.
Table 2: China Raw Material Import Price Aggregates on 23 May 2019
Price in US$ per ton
1 USD=
6.8994
(Yuan) on May 23
|
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 |
119.5 |
103 |
105.5 |
88.5 |
66.5 |
196 |
136 |
305 |
315 |
310 |
|
Up/Down |
↑1.5 |
↑1.5 |
↑1.5 |
↑1.5 |
↑1.5 |
↑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 23 May ) (yuan) |
Growth |
|
Rebar RB1910 |
3840 |
-41 |
|
HRC HC1910 |
3671 |
-54 |
|
Coke J1909 |
2256 |
-8 |
|
Coking coal JM1909 |
1394 |
+2 |
|
Iron ore I1909 |
728 |
- |
|
Thermal coal ZC1909 |
593 |
-1 |
IV Steelmakers’ ex-works price policy
39 steelmakers released ex-works price
policy on 23 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 |
- |
|
Liuzhou Steel |
rebar |
Φ18-20mm HRB400E |
4530 |
- |
|
CRC |
1.0mm*1250*C SPCC |
4930 |
- |
|
HRC |
5.75mm*1500*C SS400 |
4390 |
+30 |
|
coiled rebar |
Φ8mm HRB400E |
4610 |
+30 |
|
Medium plate |
20mm*2000 Q235 |
4640 |
+30 |
|
high speed wire rod |
Φ8-10mm HRB300 |
4630 |
+30 |
|
Shuicheng Steel Guiyang |
rebar |
Φ18-25mm HRB400E |
4410 |
- |
|
coiled rebar |
Φ8-10mm HRB400 |
4450 |
- |
|
high speed wire rod |
Φ8-10mm HRB300 |
4370 |
- |
V SteelHome Event
SteelHome App Officially Launched
Chinese Major Steelmakers Profile (2018 Updated).
Profile of XV Steel Development Strategy and Supply/Demand Conference
Summary of SteelHome Spring Report
VI SteelHome Dynamics
Hangzhou Steel Issues Ex-works Prices of Quality Steel for Late May 2019
Goldman Sachs Raises Expectation for Iron Ore Price Supported by Robust
Chinese Demand
Kunming Steel Officially Started Relocation and Transformation
Ore Blending Business at Dailan Port Breaks 30 Mln Tons
Baosteel Bayi Steel Announces Flat Steel Price Policy for June 2019
SteelHome: Inventory of Quality Steel Mills in Shandong Province on 23
May 2019
SteelHome: China Quality & Special Steel Inventory for May 17-23, 2019
(26 marketplaces)
British Steel Bankrupt Due to Brexit
SteelHome Express: Laiwu Carbon Structural Steel Price Overall Slides
SteelHome Express: Imported Iron Ore up 10 Yuan Per Ton at Tangshan
Market
Teck Announces 2019 Q1 Coal Production Report
SteelHome: China Steel Export Price on May 22 2019
Fortescue Metals Group (FMG) Releases Iron Ore Discounts for June 2019
Iron Ore Index Collection for May 22, 2019
EU Steel Prices in Decline in May as Demand Falters
POSCO's Stainless Steel Production and Sales Increased in Q1
East Africa Metals Obtains Mining Licenses for 2 Projects in Ethiopia
Turkey May Also Lower Certain Tariffs on Some US Imports
Nova Scotia Government Issues Stop-work Order at Donkin Coal Mine
Metalloinvest and KAMAZ Hold Coordination Committee Meeting at OEMK |
