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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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

Rebar offers in Asia stable or higher, but no support from buyers

H-beam prices in local Chinese market - week 24, 2023

Free Chinese domestic steel section prices fluctuate slightly

Local Chinese longs prices rise only slightly week on week, futures fall on Monday

Shagang Group raises local rebar prices by RMB 150/mt for mid-June

Ex-China and ex-ASEAN wire rod suppliers try to push up prices

Output cuts announced in Tangshan to support steel price rebound in China

H-beam prices in local Chinese market - week 23, 2023

Local Chinese longs prices reverse downtrend, expected to fluctuate at higher levels

Shagang Group cuts local rebar prices by RMB 100/mt for early June

H-beam prices in local Chinese market - Week 22, 2023

Local Chinese longs prices drop further, outlook not good even though stimulus rumoured

Chinese domestic steel section prices continue their downward trend

Ex-China rebar offers drop, import market in SE Asia at standstill amid high inventory

Ex-China billet prices tumble again due to aggravated local demand worries

Chinese domestic steel section prices continue to decrease slightly

Japan’s Tokyo Steel keeps local steel prices stable for June as market conditions worsen

Local Chinese longs prices fall amid weak real estate data, demand worries persist

Shagang Group cuts local rebar prices by RMB 50/mt for late May


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.