Metalnewsnet 12 May ： Shagang announced their pricing policy for mid May on May 11th. According to the policy construction steel prices drop significantly with main varieties prices down by 6% at most. Among these price of WRC down by CNY 100 per tonne and rebar price down by CNY 300 per tonne.
Such price decreasing policy is a reaction to the downward trend of steel prices for nearly a month. As one of the largest manufacturer of construction steel Shagang’s policy will have a negative impact on recent movements of domestic construction steel prices.
Insiders said that continuously decrease of steel prices is still because of the macro control policies on real estate and the oversupply situation. According to statistics from China National Bureau of Statistics that crude steel output in April set a new record putting more pressure on steel inventory.
On steel futures market, the prices rise first and down afterwards on May 11th. Dominant contract of rebar decrease by around CNY 48 per tonne.
From the whole Chinese steel market, prices in North South East China down in general. For example construction steel prices in Shanghai dropped by CNY 20 per tonne to CNY 40 per tonne on May 11th 2010.
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1. Domestic pricing information in China
2. Export levels from Turkey, Rotterdam, China, India and Black Sea
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1. Benchmark products in each category with fixed commonly used sizes and grades
2. Average transaction levels which have settled well, based on continuous interactions with domestic mills and traders
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5. Access through web site
Products covered
1. Input materials and semis
2. Long Products
3. Flat Products
5. FOB levels for export FOB Black Sea, China, Turkey and India
1. Input materials and semis
| Product | Locations
| | Metallurgical Coke - A<12.5%,S<0.6% | Handan, Hejin, Huaibei, Pingdingshan, Qitaihe, Shanghai, Tangshan, Weifang
| | Coke - Common | Guizhou Province, Yunnan Province
| | Scrap - 6-8mm | Acheng, Anyang, Beijing, Benxi, Chongqing, Dalian, Guangzhou, Hangzhou, Hefei, Jiangyin, Jinan, Kunming, Laiwu, Lanzhou, Lingyuan, Liupanshui, Loudi, Shanghai, Tangshan, Tianjin, Tonghua, Wuhan, Wuyang, Zhangjiagang
| | Pig Iron - Z18-22 | Anshan, Changzhou, Guiyang, Harbin, Kunming, Linyi, Linzhou, Taiyuan, Weihai, Wuan, Xuzhou, Yicheng
| | Pig Iron - L08-L10 | Anyang, Guiyang, Harbin, Kunming, Linyi, Longyan, Maanshan, Taiyuan, Tangshan, Wuan, Yicheng, Zibo |
2. Long Products
| Product | Locations
| | Angle - #5 | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | Channel - #16 | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | Beam - #25 | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | Rebar - 12mm HRB335 | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Guiyang, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | Rebar - 20mm HRB335 | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Guiyang, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | Rebar - 20mm HRB400 | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Guiyang, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | WRC - 6.5mm Common | Changsha, Chengdu, Chongqing, Guangzhou, Guiyang, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Zhengzhou
| | WRC - 6.5mm HS | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Guiyang, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | Billets - Q235 | Fujian, Hanzhong, Liaoyang, Linfen, Linzhou, Shandong, Tangshan, Tianjin, Zibo
| | Billets - 20MnSi | Fujian, Liaoyang, Linfen, Linzhou, Shandong, Tangshan, Tianjin, Zibo |
3. Flat Products
| Product | Locations
| | Plates - 8mm | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | Plates - 20mm | "
| | Plates - Low Alloy | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Wuhan, Xian, Zhengzhou
| | Ship Plate - 10mm | Chongqing, Fuzhou, Guangzhou, Jinan, Nanjing, Ningbo, Shanghai, Tianjin, Wuhan
| | Ship Plate - 20mm | Fuzhou, Guangzhou, Jinan, Nanjing, Ningbo, Shanghai, Tianjin, Wuhan
| | HRC - 3mm | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | HRC - 4.75mm | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | HR Strip - 183*2.75 | Chengdu, Guangzhou, Hangzhou, Lecong, Shanghai, Tangshan, Tianjin, Wuhan, Wuxi
| | HR Strip - 685*3.5 | Changsha, Chengdu, Chongqing, Guangzhou, Hangzhou, Shanghai, Tangshan, Tianjin, Wuhan, Wuxi
| | CR - 0.5mm | Chengdu, Chongqing, Guangzhou, Hangzhou, Kunming, Lanzhou, Qingdao, Shanghai, Urumchi, Wuhan, Xian
| | CR - 1.0mm | Beijing, Changsha, Chengdu, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Hefei, Jinan, Kunming, Lanzhou, Nanchang, Nanjing, Qingdao, Shanghai, Shenyang, Shijiazhuang, Taiyuan, Tianjin, Urumchi, Wuhan, Xian, Zhengzhou
| | HDG - 0.5mm | Beijing, Boxing, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Nanchang, Shanghai, Shenyang, Tianjin, Wuhan, Xian, Zhengzhou
| | HDG - 1.0mm | Beijing, Boxing, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Nanchang, Shanghai, Shenyang, Tianjin, Wuhan, Xian, Zhengzhou
| | HDG - 0.476mm | Beijing, Boxing, Chongqing, Fuzhou, Guangzhou, Hangzhou, Harbin, Nanchang, Shanghai, Shenyang, Tianjin, Wuhan, Xian, Zhengzhou |
4. FOB levels for export FOB Black Sea, China, Turkey and India
Weekly basis
A. Input & semis
| Product | Location
| | Scrap | Rotterdam, Turkey
| | Billets | CIS, China & Turkey |
B. Long Products
| Product | Location
| | Rebars | CIS, China, Turkey
| | Wire Rods | CIS, China, Turkey |
C. Flat products
| Product | Location
| | HR | CIS , China
| | CR | CIS , China
| | HDG | CIS , China, India
| | PPGI | India
| | Plates | CIS , China & India |
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