I Steel
SteelHome (China) Steel Price Index (SHCNSI)
was 97.76 points (4,228 yuan) on 11 July 2019, down 0.18 point (8 yuan)
from the previous trading day. Steel price in key markets vibrantly
dropped. Details are as below:
Table 1: SteelHome China Steel Price Index (SHCNSI) [2019-07-11]
|
Price Index |
Week on week% |
Month on month% |
Quarter on quarter% |
Year on year% |
Steel Index (SHCNSI) |
97.76 |
4228 |
-0.66 |
1.63 |
-0.53 |
-4.27 |
Long Products (SHCNSI-L) |
113.77 |
4136 |
-0.94 |
1.96 |
0.01 |
-1.61 |
Flat Products (SHCNSI-F) |
86.16 |
4052 |
-0.65 |
1.49 |
-0.79 |
-6.34 |
Special Steel (SHCNSI-S) |
107.78 |
4341 |
0.01 |
1.11 |
-1.53 |
-5.63 |
Stainless Steel (SHCNSI-SS) |
65.78 |
14418 |
-0.05 |
1.33 |
0.35 |
-3.56 |
Wire Rod (SHCNSI-WR) |
115.72 |
4281 |
-0.93 |
1.87 |
0.57 |
-1.79 |
Rebar (SHCNSI-RB) |
115.17 |
4074 |
-1.14 |
2.12 |
-0.52 |
-0.65 |
Section Bar (SHCNSI-SB) |
109.14 |
4123 |
-0.31 |
1.6 |
0.83 |
-4.22 |
Medium Plate (SHCNSI-MP) |
87.33 |
4078 |
-0.54 |
0.75 |
-1.6 |
-6.34 |
HR Coil (SHCNSI-HR) |
85.02 |
3929 |
-0.98 |
1.51 |
-0.98 |
-6.43 |
CR Coil (SHCNSI-CR) |
72.08 |
4380 |
-0.14 |
1.15 |
-1.66 |
-7.22 |
Quality Wire (SHCNSI-QW) |
107.69 |
4277 |
0.05 |
1.98 |
0.92 |
-5.36 |
Carbon & Alloy Structural Steel (SHCNSI-CA) |
105.74 |
4123 |
0.02 |
1.11 |
-2.87 |
-6.07 |
Seamless Pipe (SHCNSI-SP) |
85.87 |
4831 |
0.04 |
-0.54 |
-2.35 |
-7.61 |
Strip (SHCNSI-Strip) |
104.53 |
3938 |
-0.75 |
3.16 |
2.11 |
-4.06 |
Welded Pipe (SHCNSI-WP) |
107.79 |
4186 |
-0.49 |
2.43 |
1.22 |
-2.64 |
Construction steel:
20mm HRB400 rebar averaged at 4048 yuan per ton, down 4 yuan/t from
previous trading day. Price was decreased by 10- 20 yuan/t in Shanghai,
Hangzhou, Jinan, Fuzhou, Guangzhou, Changsha, Beijing, Tianjin and
Baotou markets while increased by 10 yuan/t in Shijiazhuang and
Chongqing markets. The rest was stable.
Medium plate:
20mm Q235 medium plate price averaged at 4009 yuan per ton in 28
domestic markets, down 6 yuan/t from previous trading day. Price dropped
by 10-20 yuan/t in East China, Central South China, and North China
markets. The rest was stable.
HRC:
5.75mm Q235B HRC average price was decreased by 14 yuan/t to 3906 yuan
per ton in 28 domestic markets. Among the whole markets, price went down
by 10-40 yuan/t in East China, Central South China, North China, Guiyang
markets and some markets in Northwest China.
CRC:
Average price of 1.0mm SPCC CRC was 4285 yuan per ton in 28 domestic
markets, down 3 yuan/t from previous trading day. Price fell by 10-30
yuan/t in Nanjing, Jinan, Hefei, Tianjin and Harbin markets.
II Raw Materials
On 11 July, Tangshan common billet price was increased by 10 yuan/t to
3640 yuan per ton, (cash, tax included, ex-works). Spot products in
Tangshan billet market were priced at 3710 yuan per ton with sparse
transaction. The stock of common billet was 0.429 million ton in 16
Tangshan main billet steel warehouse, down 42,100 tons from last week.
On 11 July, iron ore market changed moderately. SteelHome data showed
that
China Domestic Iron Ore Price Index (SHCNDOI)
65%
was 938 yuan per ton, up 5 yuan/t and SteelHome Imported Iron Ore
Price Index (SHCNIOI) 62% was 118.79
dollars per ton, down 0.05 dollar/t from previous day.
Spot ore transacting price dropped by around 5 yuan/t after market
closed. For instance, PB fines trading price was 890 yuan per ton at
Lianyungan and 895 yuan/t at Jingtan port with plain transactions.
Seaborne market weakly ran. COREX trading price was 5.65 dollars higher
than average 62%Platts price index in August for 0.21 million ton PB
Fines with laycan during 28 July – 6 August 2019.
Table 2: China Raw Material Import Price Aggregates on 11 July 2019
Price in US$ per ton 1
USD= 6.8677 (Yuan) on July 11 2019
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 |
129 |
119.5 |
119 |
103 |
85.5 |
183 |
128 |
305 |
315 |
310 |
Up/Down |
━ |
━ |
━ |
━ |
━ |
↑0.3 |
━ |
━ |
━ |
━ |
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)
Product |
night offer (End time: 23:30 11 July ) (yuan) |
Growth |
Rebar RB1910 |
3992 |
-25 |
HRC HC1910 |
3853 |
-21 |
Coke J1909 |
2090 |
-3.5 |
Coking coal JM1909 |
1395 |
+1 |
Iron Ore I1909 |
878 |
+11.5 |
Thermal CoalZC1909 |
582.6 |
-0.6 |
IV Steelmakers’ ex-works price policy
41 steelmakers released ex-works price policy on 11 July, 2019.
Mill |
Product |
Size |
Ex-works (yuan per ton) price |
Up/down (yuan per ton) |
Maanshan Steel |
rebar |
Φ16-25mm HRB400 |
4090 |
- |
coiled rebar |
Φ8-12mm HRB400 |
4340 |
- |
high speed wire rod |
Φ6-10mm HPB300 |
4190 |
- |
Nanjing Steel |
rebar |
Φ16-25mm HRB400 |
4050 |
-20 |
Youfa Pipe |
Hot dipped galvanized pipe |
4*3.5 Q235 |
5350 |
-20 |
Taiyuan Steel |
Cold Rolled Stainless Coil |
2.0mm 304/2B |
14700 |
+100 |
2.0mm 316L/2B |
21050 |
+100 |
Hot Rolled Stainless Coil |
3.0-12.0mm 304/NO.1 |
14800 |
+100 |
Lianyuan Steel |
CRC |
1.0mm*1250*C SPCC |
4645 |
- |
HRC |
2.75mm*1500*C SS400 |
4230 |
-80 |
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
SteelHome: Inventory of Quality Steel Mills in Jiangsu Province on 11
July 2019
SteelHome: Inventory of Quality Steel Mills in Shandong Province on 11
July 2019
SteelHome: Coke Inventory at China Ports on July 11, 2019
ISSF: Global Stainless Steel Production Decreased by 2.5% YoY in Q1 2019
Shagang Keeps Long Steel Price Flat for Middle July, 2019
Iron Ore Index Collection
for Jul 10, 2019
Shandong Raw Coal Output up 1.41% YoY in June 2019
Fangda Special Steel Tackles Key Problems for Free-opening Rate of Ladle
SteelHome Express: Slack Transaction at Iron Ore Market on July 10, 2019 |