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About Steel:
This Monday to Tuesday (January 8-9), the domestic steel prices slightly
decreased. SteelHome's benchmark steel price index was 4485 yuan/ton, a decrease
of 8 yuan/ton from last Friday. Among them, the price index of rebar was 4024
yuan/ton, a decrease of 20 yuan/ton; The price index of medium and heavy plates
was 4134 yuan/ton, a decrease of 9 yuan/ton; The price index of hot-rolled coils
was 4159 yuan/ton, a decrease of 28 yuan/ton; The price index of cold-rolled
coil was 4848 yuan/ton, a decrease of 20 yuan/ton, and the price index of
structural steel was 4404 yuan/ton, a decrease of 8 yuan/ton. In terms of
stainless steel, the price index of 300 series stainless steel was 16683 yuan/ton,
a decrease of 8 yuan/ton; the price index of 200 series stainless steel was 9485
yuan/ton, a decrease of 40 yuan/ton; and the price index of 400 series stainless
steel was 8143 yuan, remained stable.
About raw materials:
This
Monday to Tuesday, the domestic prices of metallurgical coke remained stable,
with some markets experiencing a decline in coking coal prices and a decrease in
PCI prices.
SteelHome's import price index of 62% iron ore was $139.11
/ton, down $1.03 dollars/ton from last Friday, the market transactions were
average, and steel mills mainly purchased based on actual demands; SteelHome’s
price index of ordinary carbon billet was 3700 yuan/ton, down 34 yuan/ton from
last Friday. The Ex-work price of ordinary carbon billets in the Qian'an area of
Tangshan dropped by 40 yuan to 3620 yuan/ton. SteelHome’s price index of HMS was
3079 yuan/ton, down 3 yuan/ton from last Friday.
About Ferrous Futures:
Futures price from Monday to Tuesday: HRC fell by 0.7%, rebar fell by 0.9%,
stainless steel slightly increased by 0.15%, iron ore fell by 0.6%, coke fell by
2%, coking coal fell by 3.22%, ferrosilicon fell by 0.7%, and silicon manganese
fell by 1%.
About Macro:
According to data from the National Bureau of Statistics of China, the
Purchasing Managers Index (PMI) of China's manufacturing industry in December
2023 was 49.0%, a decrease of 0.4 percentage points from the previous month.
Table 1: Change of steel prices in main domestic markets (yuan/ton)
|
20mm rebar |
Shanghai |
Hangzhou |
Nanjing |
Beijing |
Tianjin |
Shenyang |
Guangzhou |
chongqing |
Xi'an |
|
9-Jan |
3950 |
4000 |
3970 |
3850 |
3850 |
3840 |
4200 |
4020 |
4010 |
|
5-Jan |
3980 |
4020 |
4000 |
3870 |
3870 |
3870 |
4230 |
4060 |
4030 |
|
Change |
-30 |
-20 |
-30 |
-20 |
-20 |
-30 |
-30 |
-40 |
-20 |
|
5.75*1500mm HRC |
Shanghai |
Hangzhou |
Nanjing |
Beijing |
Tianjin |
Shenyang |
Guangzhou |
chongqing |
Xi'an |
|
9-Jan |
4040 |
4040 |
4020 |
3980 |
4010 |
3910 |
4140 |
4100 |
4170 |
|
5-Jan |
4060 |
4070 |
4050 |
4000 |
4030 |
3920 |
4190 |
4130 |
4200 |
|
Change |
-20 |
-30 |
-30 |
-20 |
-20 |
-10 |
-50 |
-30 |
-30 |
|
20*2200mm*L plate |
Shanghai |
Hangzhou |
Nanjing |
Beijing |
Tianjin |
Shenyang |
Guangzhou |
chongqing |
Xi'an |
|
9-Jan |
4050 |
4070 |
4100 |
3960 |
3960 |
4060 |
4320 |
4080 |
4200 |
|
5-Jan |
4060 |
4090 |
4100 |
3980 |
3970 |
4080 |
4320 |
4080 |
4210 |
|
Change |
-10 |
-20 |
- |
-20 |
-10 |
-20 |
- |
- |
-10 |
|
1.0*1250mm CRC |
Shanghai |
Hangzhou |
Nanjing |
Beijing |
Tianjin |
Shenyang |
Guangzhou |
chongqing |
Xi'an |
|
9-Jan |
4780 |
4800 |
4770 |
4580 |
4600 |
4680 |
4770 |
4740 |
4730 |
|
5-Jan |
4800 |
4850 |
4790 |
4600 |
4620 |
4780 |
4790 |
4760 |
4750 |
|
Change |
-20 |
-50 |
-20 |
-20 |
-20 |
-100 |
-20 |
-20 |
-20 |
Source: SteelHome
(To contact the reporter on this story: jake.yang@steelhome.cn or 86-21-50585733 13816581143) |
