China 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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Import rebar prices in Asia stay at low levels, increase attempts in China very tentative

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

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

Shagang Group keeps local rebar prices stable for late Aug

Rebar prices in Asia under pressure last week, unlikely to fall much further

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

Ex-China billet prices drop and put pressure on ASEAN exporters, outlook mixed

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

Import rebar prices in Asia relatively stable, fall in Chinese exerts pressure

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

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

Ex-ASEAN billet prices retreat due to weak China, poor demand

Local Chinese domestic steel section prices move down

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

Ex-China rebar offers soften, import market in SE Asia relatively stable

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

Ex-ASEAN billet exporters still insist on higher offers after sales accelerate

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

Global View on Billet: Asian market on the rise, though buyers resist and mood still weak in Turkey

Wire rod prices in Asia on the rise after gains in China

SE Asia accepts slightly higher import rebar prices as uptrend in China continues

Gap between most billet offers and deal price levels widens in SE Asia

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

Free Global View on Billet: Mood remains negative everywhere despite stable Chinese market

Deals for import rebar in Asia corrected slightly down again, ex-China prices inch up

Wire rod prices in Asia fluctuate at low level, but some small gains pushed by China

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

Activity in SE Asian billet market improves, importers achieve slightly lower deal prices

Ex-ASEAN billet prices stable amid China’s firm market, ex-Russia deal done at lower level

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

Global View on Billet: Prices fall rapidly in Turkey, but fluctuate in limited range in Asia

Import rebar prices in Asia remain under pressure even though firm Chinese market

Negative sentiments grow in Asian wire rod market, Chinese traders’ offers most competitive

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

Lower ex-China rebar prices in deals to Asia, decline in futures affects short-term outlook

Global View on Billet: Downtrend accelerates, firm prices seen only in China


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.