Product Name |
Specification |
Category |
Steel plant/Place of origin |
Price (RMB/mt) |
Change (RMB/mt) |
Price ($/mt) |
Change ($/mt) |
|
Medium HRS&C |
5.75 mm x 1,500 x C |
Q235B/SS400 |
Tangshan Steel |
4,350 |
↑ |
160 |
618 |
24 |
Common carbon plate |
20 mm |
Q235 |
Magang |
4,450 |
↑ |
80 |
645 |
12 |
Thin CRC |
1.0 mm x 1,250 x C |
ST12 |
MaSteel |
5,200 |
↑ |
80 |
755 |
12 |
Thick HDG |
1.0 mm x 1,250 mm x C |
SGCC |
Angang |
5,250 |
↑ |
150 |
752 |
22 |
Thick color coated coils |
0.476 mm x 1,000 mm x C |
CGCC |
NewDaZhong |
6,310 |
|
|
931 |
0 |
The above prices include 17 percent VAT. Comparisons are with the prices on last Monday.
US$1 = RMB 6.78
The surge of prices in today's steel futures market has been followed by various increases in domestic spot prices of hot rolled coil, cold rolled coil, steel plate and galvanized steel products. There is currently a waiting atmosphere in the Chinese domestic market, while some traders are no longer concluding transactions.
Due to the energy saving and emission reduction measures taken by the Chinese government, steel outputs are expected to indicate a big decline in China in the coming period. It is expected that Chinese steel producers will probably raise their prices in October.