Far East Analyses

SteelOrbis provides the latest longs and billet prices and price trends via the longs and billet price reports and market analyses listed below. These longs and billet price reports are derived from actual longs and billet market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

 
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Local Chinese longs prices rise a little more confidently amid property support news

Shagang Group keeps local rebar stable for early Sept, mood better but insufficient for now

H-beam prices in local Chinese market - week 35, 2023

Chinese domestic steel section prices fluctuate

Local Chinese longs edge up over week on expectations, near term demand to be weak

Ex-China wire rod sellers try to push prices up slightly, low traders’ offers persist in SE Asia

H-beam prices in local Chinese market - week 34, 2023

Chinese domestic steel section prices soften

Tokyo Steel rolls over local steel prices for Sept, some better expectations for Oct

Local Chinese longs relatively stable, hopes for rebound despite weak response to PBOC move

Shagang Group keeps local rebar prices stable for late Aug

Wire rod prices in Asia seem to have hit bottom as output cuts in China support mood

H-beam prices in local Chinese market - week 33, 2023

Chinese domestic steel section prices follow a soft trend

Local Chinese longs prices still fall as demand softens more than supply

Shagang Group cuts local rebar prices by RMB 100/mt for mid-Aug

H-beam prices in local Chinese market - week 32, 2023

Local Chinese domestic steel section prices move down

Local Chinese longs prices down as demand falls, near-term outlook still bearish

Ex-China wire rod slides amid demand fall, traders more aggressive in SE Asia again

H-beam prices in local Chinese market - week 31, 2023

Shagang Group raises local rebar prices by RMB 100/mt for early August

Local Chinese longs prices keep rising, typhoons may reduce demand in short term

Chinese domestic steel section prices rise slightly

H-beam prices in local Chinese market - week 30, 2023

Chinese domestic steel section prices mostly increase

Local Chinese longs prices still rise gradually amid better demand-supply balance

Shagang Group cuts local rebar prices again for late July despite futures rise

H-beam prices in local Chinese market - week 29, 2023

Local Chinese longs prices up slightly week on week, down on Monday amid negative property data

Chinese domestic steel section prices fluctuate slightly

H-beam prices in local Chinese market - week 28, 2023

Shagang Group cuts local rebar prices by RMB 100/mt for mid-July

Hot weather, slow demand result in lower local Chinese longs prices despite output cuts

Chinese domestic steel section prices fluctuate

Ex-China wire rod prices rise amid higher futures, ex-ASEAN prices down and more competitive

Shagang Group keeps local rebar prices stable for early July

H-beam prices in local Chinese market - week 27, 2023

Chinese domestic steel section prices move up

Local Chinese longs prices rise slightly on back of expectations

Higher ex-ASEAN rebar prices accepted in Asia, but moods in China weaken 

Ex-China wire rod prices move down, ex-ASEAN sellers keep offers at higher level

H-beam prices in local Chinese market - week 26, 2023

Chinese domestic steel section prices move down

Local Chinese longs prices fall around $20/mt over week due to reduced demand

Shagang Group raises local rebar prices by RMB 70/mt for late June

Japan’s Tokyo Steel drops local steel prices for most products for July

H-beam prices in local Chinese market - week 25, 2023

Chinese domestic steel section prices follow a rising trend

Local Chinese longs prices rise further amid government stimuli, futures rise


Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.