News
Iron ore price to rise in Northeast China Liaoning - 07 Feb, 2012
In Western Liaoning, mainstream quotation for 66% fines rose to CNY 810 to CNY 830. Transaction remained thin as traders and part beneficiation plants were unwilling to sell at current price level. Cargos delivered to Lingyuan Steel remained few even after the mill raised its purchase price for 66% fines by CNY 80 to CNY 1,140 but we do not see a strong demand behind as Lingyuans Chinese ore inventory are relatively high at around 30 day level.

In Eastern Liaoning, mainstream quotation for 65% fines was assessed in the range CNY 790 to CNY 810 in Benxi and Fushun. Local mills said no purchase price adjustments in near term because of unclear market trend and relatively high inventories. As most beneficiation plants have yet to resume to work, supplies to mills has a sharp decline. Our contact told us Tonghua Steel now only had 2,000 tonnes per day versus the normal 8,000 tonnes per day.

(Source: www.steelhome.cn/en)
China steel information centre and industry database

Chinese domestic steel rebar prices update on February 06

Rebar
20mm
HRB 400
LocationIn CNYIn USD
Shanghai00
Hangzhou-20-3
Nanjing00
Wuxi00
Jinan00
Hefei00
Fuzhou-20-3
Nanchang-50-8
Guangzhou00
Nanning-20-3
Changsha-20-3
Wuhan-20-3
Zhengzhou00
Beijing00
Tianjin-20-3
Baotou00
Shijiazhuang00
Taiyuan-20-3
Shenyang00
Changchun00
Harbin00
Chongqing-20-3
Chengdu203
Guiyang-20-3
Kunming00
Xian00
Lanzhou00
Urumchi00
Average-8-1

Change is on 06th February as compared to 03rd February 2012
Change is per tonne
USD:CNY = 6.35

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

(Sourced from www. steelprices-china.com)

Chinese domestic steel wire rod prices fall at some places on February 06

WRC
6.5mm
High Speed
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing00
Wuxi00
Jinan-30-5
Hefei00
Fuzhou-10-2
Nanchang-50-8
Guangzhou-20-3
Nanning-50-8
Changsha00
Wuhan-20-3
Zhengzhou00
Beijing-30-5
Tianjin00
Baotou00
Shijiazhuang00
Taiyuan-20-3
Shenyang00
Changchun00
Harbin00
Chongqing-20-3
Chengdu00
Guiyang-20-3
Kunming00
Xian00
Lanzhou00
Urumchi00
Average-10-2

Change is on 06th February as compared to 03rd February 2012
Change is per tonne
USD:CNY = 6.35

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

(Sourced from www. steelprices-china.com)

Chinese domestic HR steel prices update on February 06

HRC
5.75mm
Common
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing00
Wuxi00
Jinan203
Hefei00
Fuzhou203
Nanchang00
Guangzhou00
Nanning-10-2
Changsha00
Wuhan00
Zhengzhou00
Beijing00
Tianjin00
Baotou00
Shijiazhuang00
Taiyuan00
Shenyang00
Changchun00
Harbin203
Chongqing00
Chengdu00
Guiyang00
Kunming00
Xian00
Lanzhou00
Urumchi00
Average20

Change is on 06th February as compared to 03rd February 2012
Change is per tonne
USD:CNY = 6.35

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

(Sourced from www. steelprices-china.com)

Chinese domestic steel plate price movement on February 06

Plates
20mm
Common
LocationIn CNYIn USD
Shanghai203
Hangzhou00
Nanjing00
Wuxi102
Jinan203
Hefei203
Fuzhou00
Nanchang00
Guangzhou00
Nanning00
Changsha508
Wuhan00
Zhengzhou00
Beijing00
Tianjin00
Baotou00
Shijiazhuang00
Taiyuan00
Shenyang00
Changchun00
Harbin305
Chongqing00
Chengdu00
Guiyang00
Kunming305
Xian00
Lanzhou00
Urumchi00
Average61

Change is on 06th February as compared to 03rd February 2012
Change is per tonne
USD:CNY = 6.35

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

(Sourced from www. steelprices-china.com)

Chinese domestic steel billet price update on February 06

Billets
150*150
Q235
LocationIn CNYIn USD
Shanghai00
Jiangsu00
Shandong00
Fujian-30-5
Guangdong00
Henan305
Hebei305
Shanxi203
Liaoning00
Yunnan00
Average51

Change is on 06th February as compared to 03rd February 2012
Change is per tonne
USD: CNY = 6.35

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

(Sourced from www. steelprices-china.com)


Chinese domestic pig iron prices remain flat on February 06

Pig Iron
Z18-22
Foundry
LocationIn CNYIn USD
Shanghai00
Jiangsu00
Shandong00
Shanxi00
Guangdong00
Henan00
Hebei00
Heilongjiang00
Liaoning00
Yunnan00
Guizhou00
Average00

Change is on 06th February as compared to 03rd February 2012
Change is per tonne
USD:CNY = 6.35

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

(Sourced from www. steelprices-china.com)

Chinese domestic narrow HR strip price movement on February 06

HR Strip
235*2.75
LocationIn CNYIn USD
Shanghai305
Hangzhou00
Wuxi203
Guangzhou00
Tianjin305
Tangshan203
Shenyang00
Harbin00
Chongqing00
Chengdu203
Kunming00
Guiyang00
Average102

Change is on 06th February as compared to 03rd February 2012
Change is per tonne
USD:CNY = 6.35

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

(Sourced from www. steelprices-china.com)

Chinese domestic CR steel prices remain flat on February 06

CR
1mm
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing00
Wuxi00
Jinan00
Hefei00
Fuzhou00
Nanchang00
Guangzhou00
Nanning00
Changsha00
Wuhan00
Zhengzhou00
Beijing00
Tianjin00
Baotou00
Shijiazhuang00
Taiyuan00
Shenyang00
Changchun00
Harbin00
Chongqing00
Chengdu00
Guiyang00
Kunming00
Xian00
Lanzhou00
Urumchi00
Average00

Change is on 06th February as compared to 03rd February 2012
Change is per tonne
USD:CNY = 6.35

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

(Sourced from www. steelprices-china.com)

Chinese domestic galvanized steel HDG prices remain flats on February 06

HDG
0.5mm
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing00
Wuxi00
Jinan00
Boxing00
Fuzhou00
Nanchang00
Guangzhou00
Wuhan00
Zhengzhou00
Beijing00
Tianjin00
Shenyang00
Harbin00
Chongqing00
Chengdu00
Xian00
Average00

Change is on 06th February as compared to 03rd February 2012
Change is per tonne
USD:CNY = 6.35

To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by sending a mail to admin@steelprices-china.com

(Sourced from www. steelprices-china.com)

Chinese domestic steel Angle price movement on February 06

Angle
#5
LocationIn CNYIn USD
Shanghai00
Hangzhou00
Nanjing00
Wuxi00
Jinan00
Hefei00
Fuzhou00
Nanchang00
Guangzhou00
Nanning00
Changsha-10-2
Wuhan00
Zhengzhou00
Beijing00
Tianjin00
Baotou00
Shijiazhuang00
Taiyuan00
Shenyang00
Changchun00
Harbin00
Chongqing00
Chengdu00
Guiyang00
Kunming00
Xian

Today's News
Main News
0blt1 Chinese steel price index continue to decrease on May 17
0blt1 Chinese domestic HR steel prices update on May 17
0blt1 Chinese domestic steel rebar prices update on May 17
0blt1 Chinese domestic steel billet price update on May 17
0blt1 Chinese domestic CR steel price update on May 17
0blt1 Chinese domestic steel wire rod price update on May 17
0blt1 Chinese domestic steel plate price update on May 17
0blt1 Chinese domestic pig iron prices update on May 17
0blt1 Chinese domestic narrow HR strip prices update on May 17
0blt1 Chinese domestic galvanized steel HDG price update on May 17
0blt1 Chinese domestic steel Angle price update on May 17
0blt1 Chinese domestic steel channel price update on May 17
0blt1 Chinese domestic steel beam price update on May 17
International News
0blt1 Indian steel price index down further by 11 points on May 17
0blt1 Global HRB prices trending down in May
0blt1 Tokyo Steel scrap price cut brings few reactions
0blt1 Taiwan purchase deep sea scraps at USD 475 per tonne CNF
0blt1 BDI remain flat on May 18 2012
0blt1 SC issues contempt notice to Mr Malik in PSM probe case


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Price Index - China
  18-May 17-May
CLPPI 7360 7390 Down
CFPPI 6673 6679 Down
CHISPI 6971 6987 Down
Currency Rates
18 May, 2012
USD 1.0000
AUD 1.0164
BRL 2.0089
CAD 1.0208
CNY 6.3278
EUR 0.7889
GBP 0.6344
INR 54.7630
JPY 79.4544
RUB 31.1196
ZAR 8.3932
Source: http://www.xe.com
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