About Steel:
This Monday to Tuesday (January 29-30), the domestic steel prices mixed. On
January 30, SteelHome's benchmark steel price index was 4492 yuan/ton, being
flat from last Friday. Among them, the price index of long steel was 4090 yuan/ton,
being flat; the price index of flat steel was 4286 yuan/ton, down by 2 yuan/ton;
The price index of rebar was 4025 yuan/ton, being flat; The price index of
medium and heavy plates was 4162 yuan/ton, up by 4 yuan/ton; The price index of
hot-rolled coil was 4171 yuan/ton, down by 4 yuan/ton; The price index of
cold-rolled coil was 4834 yuan/ton, being flat. In terms of stainless steel, the
price index of stainless steel was 12832 yuan/ton, up by 28 yuan/ton from last
Friday. Among them, the price index of 300 series stainless steel was 16853 yuan/ton,
being flat; The price index of 200 series stainless steel was 9648 yuan/ton,
being flat; and the price index of 400 series stainless steel was 8299 yuan/ton,
up by 152 yuan/ton. Approaching the Spring Festival holiday, the market demand
continues to weaken.
About raw materials:
This
Monday to Tuesday, the domestic prices of metallurgical coke, coking coal, and
PCI were all mainly stable
On
January 30, SteelHome's import price index of 62% iron ore was $134.85 /ton,
down by $1.37/ton from last Friday. The price of 61.5% PB fine in Qingdao Port
stabilized at 1035 yuan/ton. SteelHome’s price index of ordinary carbon billet
was 3675 yuan/ton, down by 25 yuan/ton from last Friday. SteelHome’s price index
of HMS was 3060 yuan/ton, up by 5 yuan/ton from last Friday.
About Ferrous Futures:
Futures price from Monday to Tuesday: Rebar decreased by about 1.5%, HRC
decreased by 1.4%, stainless steel decreased by 0.88%, iron ore decreased by 1%,
coking coal decreased by about 1.5%, coke decreased by 2.5%, ferrosilicon
slightly increased by 0.03%, and silicon-manganese decreased by 0.28%.
About Industry:
In
December 2023, China issued an additional 110.6 billion yuan in bonds, including
18.5 billion yuan in general bonds and 92.1 billion yuan in special bonds.
Table 1: Change of steel prices in main domestic markets (yuan/ton)
20mm rebar |
Shanghai |
Hangzhou |
Nanjing |
Beijing |
Tianjin |
Shenyang |
Guangzhou |
chongqing |
Xi'an |
30-Jan |
3940 |
4000 |
4020 |
3860 |
3860 |
3860 |
4200 |
4010 |
3980 |
26-Jan |
3960 |
4020 |
3980 |
3860 |
3870 |
3850 |
4210 |
4010 |
3980 |
Change |
-20 |
-20 |
40 |
- |
-10 |
10 |
-10 |
- |
- |
5.75*1500mm HRC |
Shanghai |
Hangzhou |
Nanjing |
Beijing |
Tianjin |
Shenyang |
Guangzhou |
chongqing |
Xi'an |
30-Jan |
4060 |
4040 |
4040 |
3980 |
4030 |
3970 |
4100 |
4120 |
4220 |
26-Jan |
4080 |
4070 |
4060 |
4000 |
4050 |
3970 |
4120 |
4120 |
4200 |
Change |
-20 |
-30 |
-20 |
-20 |
-20 |
- |
-20 |
- |
20 |
20*2200mm*L plate |
Shanghai |
Hangzhou |
Nanjing |
Beijing |
Tianjin |
Shenyang |
Guangzhou |
chongqing |
Xi'an |
30-Jan |
4070 |
4110 |
4090 |
4060 |
4020 |
4150 |
4310 |
4100 |
4250 |
26-Jan |
4080 |
4110 |
4090 |
4060 |
4020 |
4110 |
4310 |
4090 |
4250 |
Change |
-10 |
- |
- |
- |
- |
40 |
- |
10 |
- |
1.0*1250mm CRC |
Shanghai |
Hangzhou |
Nanjing |
Beijing |
Tianjin |
Shenyang |
Guangzhou |
chongqing |
Xi'an |
30-Jan |
4770 |
4790 |
4740 |
4600 |
4610 |
4680 |
4680 |
4730 |
4720 |
26-Jan |
4780 |
4800 |
4750 |
4600 |
4610 |
4680 |
4680 |
4730 |
4710 |
Change |
-10 |
-10 |
-10 |
- |
- |
- |
- |
- |
10 |
Source: SteelHome
(To contact the reporter on this story: jake.yang@steelhome.cn or 86-21-50585733 13816581143) |