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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Suppliers’ attempts to raise billet prices in SE Asia fail, lower offers start to emerge

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

Ex-ASEAN billet offers down further, in line with latest sales to Asian customers

Shagang Group keeps local rebar prices stable for early July

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

Import rebar prices in Asia retreat as competition increases between ex-China and ex-Malaysia sellers

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

Ex-China billet decline on Monday triggers worse moods in SE Asia, but further drop unlikely

Chinese domestic steel section prices move down

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

Global View on Billet: Negative bias emerges, but some exporters still insist on higher prices

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

Ex-Indonesia billet offers rise further as traders keep accepting gradual hikes

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

Wire rod suppliers attempt further increases in Asia

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

Free Chinese domestic steel section prices fluctuate slightly

Demand for ex-ASEAN billet to persist, prices unlikely to rise much more

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 rebar offers rise, SE Asian market inactive as buyers resist uptrend

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

SE Asian billet importers resist sharp price rises, awaiting further news from China

ASEAN mills enjoy higher demand for billet exports, higher offers accepted

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

Rebar prices in Asia up slightly as China’s rebound becomes more confident

Suppliers try to hike billet prices in Asia after China’s rises: will this become a trend?

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

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

Ex-ASEAN billet relatively stable amid slow demand, low-priced short position sales

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

Chinese domestic steel section prices continue their downward trend

Global View on Billet: Rapid fall in Asia, demand worries push down prices in most outlets

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

Chinese traders drop billet prices below $500/mt CFR in Asia, further significant declines doubtful

Free Wire rod prices in Asia keep dropping amid China’s downtrend

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

H-beam prices in local Chinese market - week 21

Chinese domestic steel section prices continue to decrease slightly

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.