I Steel
SteelHome (China) Steel Price Index
(SHCNSI)
was 100.29 points (4,338 yuan) on 29 April 2019, up 0.01 point (1 yuan)
from the previous trading day. Steel price in key markets mainly kept
stablte. Details are as below:
Construction steel:
20mm HRB400 rebar averaged at 4188 yuan per ton, up 1 yuan/t from
previous trading day. Among them, price increased by 20-50 yuan/t in
Nanchang, Nanning, Chengdu and Changchun markets, while decreased by
10-40 yuan/t in Guangzhou markets. The rest was stable.
Medium plate:
20mm Q235B medium plat price averaged at 4152 yuan per ton in 28
domestic markets, up 2 yuan/t from previous trading day. Price hiked by
10-30 yuan/t in Wuxi, Baotou and Chengdu markets, while decreased by 10
yuan/t in Nanjing and Zhengzhou markets. The rest was stable.
HRC:
Price slightly fluctuated. 5.75mm Q235B HRC average price was hiked by 3
yuan to 4057 yuan per ton in 28 domestic markets. Price went up by 10-20
yuan/t in Wuxi Beijing, Baotou and Chengdu markets against stability in
the rest.
CRC:
average price of 1.0mm SPCC CRC was 4437 yuan per ton in 28 domestic
markets, down 1 yuan/t from previous trading day. Price was stable
except 10-20 yuan reduction in Changsha and Zhengzhou markets.
Table 1: SteelHome China Steel Price Index (SHCNSI) [2019-04-29]
|
Price Index |
Week on week% |
Month on month% |
Quarter on quarter% |
Year on year% |
Steel Index (SHCNSI) |
100.29 |
4338 |
-0.14 |
2.31 |
3.74 |
-3.97 |
Long Products (SHCNSI-L) |
116.31 |
4228 |
-0.21 |
3.13 |
4.45 |
-1.57 |
Flat Products (SHCNSI-F) |
88.55 |
4164 |
-0.12 |
2.33 |
4.07 |
-5.89 |
Special Steel (SHCNSI-S) |
111.93 |
4509 |
-0.06 |
1.23 |
2.1 |
-5.56 |
Stainless Steel (SHCNSI-SS) |
65.56 |
14370 |
0.01 |
-3.11 |
-1.91 |
-1.25 |
Wire Rod (SHCNSI-WR) |
117.27 |
4338 |
-0.16 |
3.61 |
5.21 |
-1.3 |
Rebar (SHCNSI-RB) |
119.15 |
4215 |
-0.25 |
3.8 |
5.2 |
-0.67 |
Section Bar (SHCNSI-SB) |
108.83 |
4111 |
-0.13 |
0.37 |
1.07 |
-4.61 |
Medium Plate (SHCNSI-MP) |
90.54 |
4228 |
-0.08 |
2.37 |
4.14 |
-4.82 |
HR Coil (SHCNSI-HR) |
87.92 |
4063 |
-0.05 |
2.99 |
4.81 |
-5.82 |
CR Coil (SHCNSI-CR) |
74.48 |
4526 |
-0.37 |
1.04 |
3.22 |
-7.22 |
Quality Wire (SHCNSI-QW) |
108.23 |
4298 |
0 |
2.24 |
2.69 |
-7.45 |
Carbon & Alloy Structural Steel (SHCNSI-CA) |
112.27 |
4378 |
-0.1 |
0.88 |
2.23 |
-4.75 |
Seamless Pipe (SHCNSI-SP) |
88.76 |
4994 |
-0.24 |
-0.68 |
0.31 |
-7.43 |
Strip (SHCNSI-Strip) |
103.99 |
3918 |
0.27 |
2.71 |
3.77 |
-4.77 |
Welded Pipe (SHCNSI-WP) |
107.58 |
4178 |
-0 |
1.47 |
2.64 |
-2.9 |
II Raw Materials
On 29 April, Tangshan common billet price was stable at 3560 yuan per
ton, (cash, tax included, ex-works). Spot products in Tangshan billet
market were priced at 3630 yuan per with flat transaction. The market
holds wait-and-see attitudes as May Day is approaching.
On 29 April, iron ore market saw both stability and hike. SteelHome data
showed that
China Domestic Iron Ore Price Index (SHCNDOI)
65%
was 769 yuan per ton, unchanged and SteelHome Imported Iron Ore Price
Index (SHCNIOI) 62% was 92.8 dollars per
ton, up 0.01 dollar/t from previous day.
Spot ore transacting price hiked by 3-5 yuan/t at China ports, For
instance, PB fines trading price was 665 yuan per ton at Rizhao port and
PB fines at Tianjin port were traded at 683 yuan per ton with flat
transactions.
Seaborne iron ore markets slightly fluctuated. Rio Tinto trading price
was 90.4 dollars/t form 0.17 million tons 61%PB fines with laycan during
4-13 June 2019.
Table 2: China Raw Material Import Price Aggregates on 29 April 2019
Price in US$ per ton
1 USD=
6.7071
(Yuan) on Apr. 29
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 |
107.5 |
93.8 |
95.5 |
78.5 |
56 |
193.25 |
138 |
325 |
315 |
315 |
Up/Down |
━ |
━ |
━ |
━ |
━ |
━ |
━ |
━ |
━ |
━ |
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 29 April ) (yuan) |
Growth |
Rebar RB1910 |
3822 |
+45 |
HRC HC1910 |
3789 |
+75 |
Coke J1909 |
2042 |
-5 |
Coking coal JM1909 |
1356.5 |
+2 |
Iron ore I1909 |
635 |
+1 |
Thermal coal ZC1905 |
614 |
+6.6 |
IV Steelmakers’ ex-works price policy
25 steelmakers released ex-works price
policy on 29 April, 2019.
Mill |
Product |
Size |
Ex-works (yuan per ton) price |
Up/down (yuan per ton) |
Maanshan Steel |
rebar |
Φ16-25mm HRB400 |
4210 |
+10 |
coiled rebar |
Φ8-12mm HRB400 |
4370 |
+10 |
high speed wire rod |
Φ6-10mm HRB300 |
4330 |
+10 |
Nanjing Steel |
rebar |
Φ16-25mm HRB400 |
4210 |
-30 |
Tianjin Steel |
Medium plate |
20mm*2000 Q235 |
3980 |
- |
Shaoguan Steel |
rebar |
Φ18-25mm HRB400 |
4600 |
+20 |
coiled rebar |
Φ8mm HRB400E |
4650 |
+20 |
Medium plate |
20mm*2000 Q235 |
4520 |
- |
Low alloy plate |
20mm Q345 |
4670 |
- |
high speed wire rod |
Φ8mm HRB300 |
4540 |
+20 |
V SteelHome Event
Chinese Major Steelmakers Profile (2018 Updated).
Profile of XV Steel Development Strategy and Supply/Demand Conference
VI SteelHome Dynamics
Warning from CISA on the Rapid Growth of Crude Steel Output
Tata Steel Reports Consolidated Financial Results for Q4 FY2019
Weekly Data Summary of China Steel Industry (April 19-26, 2019)
China's Crude Steel Output up 9.9% in Q1 2019
JISF: Monthly Statistics for March 2019
Weekly Summary: China Industrial Wires Ex-works Price on April 20-26,
2019
Weekly Summary: China Quality & Special Bars Ex-works Price on April
20-26, 2019
Severstal Reports Q1 2019 Operational Results
China Takes the Lead in Developing the Highest Grade R6 Mooring Chain
Steel in the World
Shanxi Coal Mining and Washing Industry Profits down 6.6% YoY in Q1 2019
JISF Expecting 150M tons Crude Steel Output This Year
Steel Wire Rope Strengthened Export to US by 61.3% in Mar.
Steel Tire Cord Export and Need Buffeted in Feb.
Korea Fe-Scrap Import Jumped 20% y-o-y by March
Nucor Announces Results of Q1 2019
Rebar and H-Beam Looking to Price Hike Next Month
POSCO International: Strong Q1 Financial Performance Wrap Up
Severstal Reports Q1 2019 Operational Results
Coal India's Supply to Power Sector up 7.4% at 488 Million Tonne in FY19
Japan Thermal Coal Imports down 3.04% YoY in March 2019 |