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News Saturday, 10 Jan, 2009
Monday Market Monitor - China (WEEK 29) - Down trend

Chinese domestic steel price continue to go down last week.

Long products

LocationProduct11-Jul18-JulChange%
ChangshaWire rods58705800-70-1.2%
Rebar58705850-20-0.3%
Beam58505750-100-1.7%
ChengduWire rods56605450-210-3.7%
Rebar58505660-190-3.2%
Beam5800580000.0%
ChongqingWire rods56705540-130-2.3%
Rebar57505640-110-1.9%
Beam58505800-50-0.9%
GuangzhouWire rods5620562000.0%
Rebar5610561000.0%
Beam5750575000.0%
HefeiWire rods58605800-60-1.0%
Rebar57505700-50-0.9%
Beam5650565000.0%
JinanWire rods56305550-80-1.4%
Rebar56005570-30-0.5%
Beam5590559000.0%
KunmingWire rods56505600-50-0.9%
Rebar58505780-70-1.2%
Beam6020602000.0%
ShanghaiWire rods55205500-20-0.4%
Rebar55105450-60-1.1%
Beam56305600-30-0.5%
TianjinWire rods58005750-50-0.9%
Rebar56505500-150-2.7%
Beam5550555000.0%
UrumchiWire rods6050605000.0%
Rebar6250625000.0%
Beam5600560000.0%
WuhanWire rods55505530-20-0.4%
Rebar56605640-20-0.4%
Beam5700570000.0%


Price in CNY per tonne
Including VAT
Delivery FOT

Flat products

LocationProduct11-Jul18-JulChange%
ChangshaPlate65506500-50-0.8%
HRC60506020-30-0.5%
HDG7000700000.0%
ChengduPlate67506720-30-0.4%
HRC59805920-60-1.0%
HDG71507100-50-0.7%
ChongqingPlate6650665000.0%
HRC59805950-30-0.5%
HDG7150715000.0%
CR7900790000.0%
GuangzhouPlate66506600-50-0.8%
HRC58805950701.2%
HDG71307080-50-0.7%
HefeiPlate64506350-100-1.6%
HRC6000600000.0%
HDG72007150-50-0.7%
JinanPlate6690669000.0%
HRC5950595000.0%
HDG70507080300.4%
KunmingPlate6850685000.0%
HRC6080608000.0%
HDG7200720000.0%
ShanghaiPlate6600660000.0%
HRC58505820-30-0.5%
HDG72807200-80-1.1%
CR77007650-50-0.6%
TianjinPlate63006230-70-1.1%
HRC58705900300.5%
HDG73007350500.7%
CR7700770000.0%
WuhanPlate6500650000.0%
HRC59805950-30-0.5%
HDG7100710000.0%
CR80007950-50-0.6%

Price in CNY per tonne
Including VAT
Delivery FOT

The downward correction in domestic prices is expected to continue this week.

Export offers were also on downward trend in general

ItemGradeSize11-Jul18-JulChange
BilletQ235150x1501100-11201070-1090-30
RebarHRB40012-251090-11301080-1160-(10-30)
Wire rodQ1955.5-121130-11501120-1180-(10-30)
HRCSS 4004.5-11990-10201020-1040+(20-30)
PlatesSS 40012-401140-11501140-1180+(30)
CRCSPCC1.0x12501130-11701100-1150-(20-30)
HDGSGCC 1.0x12501140-11901140-1200-10

HDG in DX 51D 140gms
Price in USD per tonne on FOB

(Sourced from www.steelprices-china.com)

 
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