I Steel
SteelHome (China) Steel Price Index
(SHCNSI)
was 96.8 points (4,187 yuan) on 11 June 2019, up 0.03 point (1 yuan)
from the previous trading day. Steel price in key markets began to rise.
Details are as below:
Construction steel:
20mm HRB400 rebar averaged at 4020 yuan per ton, up 3 yuan/t from
previous trading day. Among them, price decreased by 20-80 yuan/t in
Nanning, Tianjin and Kunming markets, while hiked by 10-40 yuan/t in
East China and Northeast China markets, and 10 yuan/t in Guangzhou,
Chengdu and Xi’an markets. The price in Central South China, North China
and West China markets was stable.
Medium plate:
20mm Q235B medium plat price averaged at 4011 yuan per ton in 28
domestic markets, down 5 yuan/t from previous trading day. Except
respective 10 yuan and 20 yuan rise in Shanghai and Tianjin markets,
price decreased by 10-30 yuan/t in Lecong, Nanning, Zhengzhou, Chongqing,
Kunming, Lanzhou and Urumqi markets and 60 yuan/t in Nanning markets.
The rest was stable.
HRC:
Price saw both hike and stability. 5.75mm Q235B HRC average price was
increased by 2 yuan to 3891 yuan per ton in 28 domestic markets. Among
the whole markets, price headed up 10-60 yuan/t in Shanghai, Beijing,
Tianjin, Taiyuan, Shenyang and Changchun markets, while decreased by
20-30 yuan/t in Kunming, Guiyan and Urumqi markets. Price in the rest
was stable.
CRC:
average price of 1.0mm SPCC CRC was 4252 yuan per ton in 28 domestic
markets, down 3 yuan/t from previous trading day. Price was decreased by
10-50 yuan/t in Wuxi, Lecoong, Shijiazhuang, Taiyuan and Xi’an markets,
while price in Tianjin market hiked by 20 yuan/t. The rest was stable.
Table 1: SteelHome China Steel Price Index (SHCNSI) [2019-06-11]
|
Price Index |
Week on week% |
Month on month% |
Quarter on quarter% |
Year on year% |
Steel Index (SHCNSI) |
96.8 |
4187 |
-0.7 |
-2.29 |
3.28 |
-3.88 |
Long Products (SHCNSI-L) |
112.57 |
4092 |
-0.57 |
-2.13 |
4.15 |
-1.35 |
Flat Products (SHCNSI-F) |
85.35 |
4014 |
-0.89 |
-2.6 |
3.68 |
-5.9 |
Special Steel (SHCNSI-S) |
107.12 |
4315 |
-0.62 |
-2.14 |
1.17 |
-5.16 |
Stainless Steel (SHCNSI-SS) |
64.52 |
14142 |
-0.19 |
-0.82 |
-3.09 |
-2.67 |
Wire Rod (SHCNSI-WR) |
114.57 |
4238 |
-0.38 |
-1.61 |
5.24 |
-1.4 |
Rebar (SHCNSI-RB) |
114.16 |
4039 |
-0.71 |
-2.77 |
4.79 |
-0.3 |
Section Bar (SHCNSI-SB) |
107.24 |
4051 |
-0.41 |
-0.86 |
0.6 |
-4.4 |
Medium Plate (SHCNSI-MP) |
87.25 |
4074 |
-0.74 |
-2.51 |
3.73 |
-5.66 |
HR Coil (SHCNSI-HR) |
84.46 |
3903 |
-1.03 |
-3.03 |
4.65 |
-5.88 |
CR Coil (SHCNSI-CR) |
71.5 |
4345 |
-0.68 |
-2.45 |
1.95 |
-6.82 |
Quality Wire (SHCNSI-QW) |
105.65 |
4196 |
-0.23 |
-1.24 |
2.7 |
-5.7 |
Carbon & Alloy Structural Steel (SHCNSI-CA) |
105.35 |
4108 |
-0.92 |
-3 |
0.5 |
-5.09 |
Seamless Pipe (SHCNSI-SP) |
86.48 |
4865 |
-0.69 |
-1.23 |
-0.4 |
-7.27 |
Strip (SHCNSI-Strip) |
101.23 |
3814 |
-1.09 |
-2.04 |
4.16 |
-4.25 |
Welded Pipe (SHCNSI-WP) |
105.33 |
4090 |
-1.04 |
-1.29 |
2.64 |
-2.68 |
II Raw Materials
On 11 June, Tangshan common billet price was increased by 30 yuan to
3480 yuan per ton, (cash, tax included, ex-works). Spot products in
Tangshan billet market were priced at 3560-3580 yuan per with flat
transaction.
On 11 June, iron ore market sharply hiked. SteelHome data showed that
China Domestic Iron Ore Price Index (SHCNDOI)
65%
was 846yuan per ton, up 1 yuan/t and SteelHome Imported Iron Ore
Price Index (SHCNIOI) 62% was 102.45
dollars per ton, up 3.95 dollar/t from previous day.
Spot ore transacting price hiked by 20-30 yuan/t at China ports, For
instance, PB fines trading price was 780 yuan per ton at Rizhao port and
PB fines at Jingtang port were traded at 780 yuan per ton with active
transactions.
Seaborne market continued to hike. PB fines trading price on 11 June is
2.9 dollars/t higher than average 62% Platts price index.
Table 2: China Raw Material Import Price Aggregates on 11 June 2019
Price in US$ per ton
1 USD=
6.893
(Yuan) on June 11
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 |
103 |
105 |
90.5 |
71 |
195 |
132.5 |
305 |
315 |
310 |
Up/Down |
↑4 |
↑4 |
↑4 |
↑4 |
↑4 |
━ |
━ |
━ |
━ |
━ |
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 11 June ) (yuan) |
Growth |
Rebar RB1910 |
3811 |
-23 |
HRC HC1910 |
3652 |
-3 |
Coke J1909 |
2184.5 |
-24 |
Coking coal JM1909 |
1427 |
-10 |
Iron ore I1909 |
768.5 |
+8 |
Thermal coal ZC1909 |
592.8 |
-1 |
IV Steelmakers’ ex-works price policy
53 steelmakers released ex-works price
policy on 11 June, 2019.
Mill |
Product |
Size |
Ex-works (yuan per ton) price |
Up/down (yuan per ton) |
Maanshan Steel |
rebar |
Φ16-25mm HRB400 |
4070 |
+50 |
coiled rebar |
Φ8-12mm HRB400 |
4270 |
+50 |
high speed wire rod |
Φ6-10mm HRB300 |
4220 |
+50 |
Nanjing Steel |
Rebar |
Φ16-25mm HRB400 |
3920 |
-40 |
Tianjin Steel |
Medium plate |
20mm*2000 Q235 |
3830 |
- |
New Fushun Steel |
rebar |
Φ16-25mm HRB400E |
3770 |
- |
high speed wire rod |
Φ8mm HRB300 |
3770 |
- |
Kunming Steel |
rebar |
Φ18-25mm HRB400E |
5000 |
-50 |
coiled rebar |
Φ8-10mm HRB400E |
5110 |
-50 |
high speed wire rod |
Φ6.5-12mm HRB300 |
5050 |
-50 |
V SteelHome Event
SteelHome Database (2019 Version)
Launched
SteelHome App Officially Launched
Chinese Major Steelmakers Profile (2018 Updated).
Summary of SteelHome Spring Report
VI SteelHome Dynamics
Announcement about Jiangsu Binxin Steel Capacity Replacement Plan
Shandong First 5G+ Intelligent Steel Lab Landed in Taishan Steel Group
SteelHome Summary: Kick-off of Steel Projects Since 2019
Daqin Line Coal Transport Reached 39.82 MT in May 2019
Shandong Steel Adjusts Quality Steel Ex-works Price on 11 June, 2019
Huaiyin Steel Releases Ex-works Price Policy for Mid-June 2019
Tangshan Ganglu CR Project Officially Put into Production
Baosteel Released Carbon Steel Flats Futures Price Policy for July 2019
WISCO Announced Steel Futures Sales Price Policy for July 2019
SteelHome Forecast: Iron Ore Arrivals at China Main Ports for June 3-9,
2019
SteelHome Summary: Kick-off of Steel Projects Since 2019
Tangshan Ganglu CR Project Officially Put into Production
Iron Ore Index Collection for Jun 10, 2019
Monthly Report on China Steel Market for May 2019
SteelHome Express: Transaction of Iron Ore Market up on June 10, 2019 |