I Steel
SteelHome (China) Steel Price Index
(SHCNSI)
was 95.54 points (4,132 yuan) on 19 June 2019, up 0.18 point (7 yuan)
from the previous trading day. Steel price in key markets vibrantly
adjusted. Details are as below:
Construction steel:
20mm HRB400 rebar averaged at 3937 yuan per ton, up 8 yuan/t from
previous trading day. Price was increased by 20-40 yuan/t in East China
markets, 10-50 yuan/t in Guangzhou, Beijing, Shijiazhuang and Changchun
markets, while decreased by 20-40 yuan/t in Urumqi market. The rest was
stable.
Medium plate:
20mm Q235B medium plat price averaged at 3969 yuan per ton in 28
domestic markets, unchanged from previous trading day. Price hiked by
10-20 yuan/t in Jinan, Wuhan, Zhengzhou, Beijing, Tianjin and Shenyang
markets, while respectively dropped by 20 yuan/t in Fuzhou and 30 yuan/t
in Lanzhou. The rest was stable.
HRC:
Price slightly adjusted. 5.75mm Q235B HRC average price was increased by
1 yuan to 3834 yuan per ton in 28 domestic markets. Among the whole
markets, price hiked by 10-20 yuan/t in Shanghai, Wuxi, Lecong, Beijing,
Tianjin, Shenyang, Changchun and Harbin markets, while decreased by
20-60 yuan/t in Changsha, Guiyang and Lanzhou markets.
CRC:
average price of 1.0mm SPCC CRC was 4218 yuan per ton in 28 domestic
markets, up 4 yuan/t from previous trading day. Price headed up by 10-20
yuan/t in Shanghai, Nanjing, Fuzhou, Lecong, Tianjin and Chengdu markets
against stability in the rest.
Table 1: SteelHome China Steel Price Index (SHCNSI) [2019-06-19]
|
Price Index |
Week on week% |
Month on month% |
Quarter on quarter% |
Year on year% |
Steel Index (SHCNSI) |
95.54 |
4132 |
-1.16 |
-2.88 |
2.91 |
-4.09 |
Long Products (SHCNSI-L) |
110.74 |
4026 |
-1.52 |
-2.74 |
3.79 |
-1.54 |
Flat Products (SHCNSI-F) |
84.4 |
3969 |
-0.97 |
-3.19 |
3.28 |
-6.12 |
Special Steel (SHCNSI-S) |
105.62 |
4254 |
-1 |
-2.8 |
0.75 |
-5.32 |
Stainless Steel (SHCNSI-SS) |
64.86 |
14216 |
0.15 |
-0.85 |
-3.26 |
-3.03 |
Wire Rod (SHCNSI-WR) |
112.99 |
4180 |
-1.31 |
-2.08 |
4.99 |
-1.61 |
Rebar (SHCNSI-RB) |
111.72 |
3953 |
-1.96 |
-3.57 |
4.32 |
-0.53 |
Section Bar (SHCNSI-SB) |
106.81 |
4035 |
-0.46 |
-1.11 |
0.43 |
-4.45 |
Medium Plate (SHCNSI-MP) |
86.29 |
4029 |
-0.96 |
-3.08 |
3.34 |
-5.94 |
HR Coil (SHCNSI-HR) |
83.28 |
3849 |
-1.2 |
-3.74 |
4.19 |
-6.14 |
CR Coil (SHCNSI-CR) |
70.8 |
4303 |
-0.86 |
-2.96 |
1.51 |
-6.98 |
Quality Wire (SHCNSI-QW) |
104.73 |
4159 |
-0.63 |
-1.56 |
2.52 |
-5.62 |
Carbon & Alloy Structural Steel (SHCNSI-CA) |
103.41 |
4032 |
-1.33 |
-3.88 |
-0.1 |
-5.42 |
Seamless Pipe (SHCNSI-SP) |
86.06 |
4842 |
-0.54 |
-1.76 |
-0.68 |
-7.37 |
Strip (SHCNSI-Strip) |
100.85 |
3799 |
-0.47 |
-2.46 |
3.91 |
-4.36 |
Welded Pipe (SHCNSI-WP) |
104.39 |
4054 |
-0.86 |
-1.91 |
2.39 |
-2.78 |
II Raw Materials
On 19 June, Tangshan common billet price was increased by 20 yuan to
3440 yuan per ton, (cash, tax included, ex-works). Spot products in
Tangshan billet market were priced at 3520 yuan per with flat
transaction.
On 19 June, iron ore market continued to hike. SteelHome data showed
that
China Domestic Iron Ore Price Index (SHCNDOI)
65%
was 862 yuan per ton, up 2 yuan/t and SteelHome Imported Iron Ore
Price Index (SHCNIOI) 62% was 113.1
dollars per ton, up 3.01 dollars/t from previous day.
Spot ore transacting price increased by 20 yuan/t at China ports, For
instance, PB fines trading price was 833 yuan per ton at Caofeidian port
and PB Fines at Jingtang port were traded at 830 yuan per ton with
increasing transactions.
Seaborne market overall hiked. GlobalORE platform trading price was 5.05
dollars higher than average 62% Platts price index of July for 0.17
million tons PB Fines with laycan during 9-18 July 2019.
Table 2: China Raw Material Import Price Aggregates on 19 June 2019
Price in US$ per ton
1 USD=
6.8893
(Yuan) on June 19
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 |
128 |
114 |
115.5 |
102 |
82.5 |
192 |
130 |
305 |
315 |
310 |
Up/Down |
↑2 |
↑3 |
↑3 |
↑3 |
↑3 |
↓3 |
↓2.5 |
━ |
━ |
━ |
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 19 June ) (yuan) |
Growth |
Rebar RB1910 |
3806 |
+36 |
HRC HC1910 |
3693 |
+40 |
Coke J1909 |
2074.5 |
+8.5 |
Coking coal JM1909 |
1404.5 |
+11.5 |
Iron ore I1909 |
810 |
+3.5 |
Thermal coal ZC1909 |
597.4 |
+1 |
IV Steelmakers’ ex-works price policy
35 steelmakers released ex-works price
policy on 19 June, 2019.
Mill |
Product |
Size |
Ex-works (yuan per ton) price |
Up/down (yuan per ton) |
Maanshan Steel |
rebar |
Φ16-25mm HRB400 |
4010 |
- |
coiled rebar |
Φ8-12mm HRB400 |
4210 |
- |
high speed wire rod |
Φ6-10mm HRB300 |
4160 |
- |
Tianjin Steel |
Medium plate |
20mm*2000 Q235 |
3780 |
- |
Youfa Pipe |
Hot-dipped galvanized pipe |
4*3.5 Q235 |
5190 |
+20 |
Shanxi Jincheng Steel |
rebar |
Φ18-25mm HRB400E |
4020 |
-30 |
coiled rebar |
Φ8-10mm HRB400E |
4220 |
-30 |
high speed wire rod |
Φ8-10mm HRB300 |
4210 |
-30 |
Shaoguan Steel |
rebar |
Φ18-25mm HRB400 |
4260 |
+50 |
coiled rebar |
Φ8-10mm HRB400E |
4550 |
+50 |
high speed wire rod |
Φ8mm HRB300 |
4420 |
+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
Sinopec Qingdao-Nanjing Gas Pipeline Project Launched
Benxi Steel’s Hot Continuous Rolling Mill Was in Good Production in May
2019
SteelHome: China Steel Export Price on June 19, 2019
Vietnam Customs: Statistics of Main Export and Import (1-15 June 2019)
SteelHome Express: Wuxi 304/2B Stainless Steel Price Heads up 50 yuan/t
Iron Ore Index Collection for Jun 18, 2019
SteelHome Morning Express (19 June 2019)
SteelHome Express: Imported Iron Ore Market Fell and Then Rose on June
18, 2019
Indian Coke Import Price on Jun 19,2019
US' Nucor Estimates Q2 Revenue to Decline
Mexican AHMSA to Set up Production Line of Color Steel Sheet
Rio Tinto Rolls out 'World's Biggest Robot' in Pilbara
Mongolia Coal Exports up 6.7% YoY in Jan-May, 2019
Tokyo Steel Reduced Steel Prices in July, the First Fall Since Oct. 2016 |