There was no respite from negative market sentiments. However some quivers of correction were felt in isolated pockets due to anticipated rebate in export duty by the government to catalyze the sagging industry. However these sentiments cannot be more that transient.
The Chinese Long Product Price Index CLPPI dipped by 194 points, whereas the Chinese Flat Products Index IFPPI fell by 130 points during week 10. The overall price index CHISPI fell by a meager 18 points.
| Class | W9'09 | W10'09 | Change | % |
| CLPPI | 6379 | 6185 | -194 | -3.0% |
| CFPPI | 6394 | 6264 | -130 | -2.0% |
| CHISPI | 6388 | 6230 | -158 | -2.5% |
CLPPI - Chinese Long Product Price Index
CFPPI - Chinese Flat Product Price Index
CHISPI - Chinese Steel Price Index
| Category | W9'09 | W10'09 | Change | % |
| WRC | 6177 | 5971 | -206 | -3.3% |
| Rebar | 6622 | 6443 | -179 | -2.7% |
| Category | W9'09 | W10'09 | Change | % |
| PLTS | 6151 | 5999 | -152 | -2.5% |
| HR | 6442 | 6356 | -86 | -1.3% |
| CR | 6472 | 6241 | -231 | -3.6% |
| GP | 6349 | 6161 | -188 | -3.0% |
To know more about these indices please visit
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Billets
150*150
Q235
| Location | CNY | USD | % |
| Jiangsu Province | 0 | 0 | 0.0% |
| Shandong Province | 150 | 22 | 5.1% |
| Hebei Province | 50 | 7 | 1.8% |
| Shanxi Province | 0 | 0 | 0.0% |
| Shaanxi Province | 0 | 0 | 0.0% |
| Tianjin | 0 | 0 | 0.0% |
| Fujian Province | -30 | -4 | -1.0% |
Change is on March 13th 2009 as compared to March 6th 2009
Change is per tonne
WRC
6.5mm
Common
| Location | CNY | USD | % |
| Shanghai | -70 | -10 | -2.2% |
| Hangzhou | -100 | -15 | -3.1% |
| Nanjing | 20 | 3 | 0.6% |
| Hefei | -100 | -15 | -3.1% |
| Changsha | -20 | -3 | -0.6% |
| Zhengzhou | -100 | -15 | -3.1% |
| Chengdu | 40 | 6 | 1.1% |
| Guiyang | 50 | 7 | 1.4% |
| Kunming | 20 | 3 | 0.6% |
| Urumchi | -150 | -22 | -4.1% |
Change is on March 13th 2009 as compared to March 6th 2009
Change is per tonne
Rebar
20mm
HRB 400
| Location | CNY | USD | % |
| Shanghai | -60 | -9 | -1.9% |
| Hangzhou | -50 | -7 | -1.5% |
| Nanjing | 0 | 0 | 0.0% |
| Jinan | -20 | -3 | -0.6% |
| Hefei | -130 | -19 | -3.8% |
| Fuzhou | -40 | -6 | -1.2% |
| Nanchang | -50 | -7 | -1.5% |
| Guangzhou | -40 | -6 | -1.1% |
| Changsha | 80 | 12 | 2.1% |
| Wuhan | -60 | -9 | -1.7% |
| Zhengzhou | -120 | -18 | -3.4% |
| Beijing | -60 | -9 | -1.7% |
| Tianjin | -80 | -12 | -2.4% |
| Shijiazhuang | -50 | -7 | -1.4% |
| Taiyuan | -10 | -1 | -0.3% |
| Shenyang | 30 | 4 | 0.8% |
| Harbin | -20 | -3 | -0.6% |
| Chongqing | 0 | 0 | 0.0% |
| Chengdu | 50 | 7 | 1.3% |
| Guiyang | 50 | 7 | 1.3% |
| Kunming | 30 | 4 | 0.8% |
| Xian | 80 | 12 | 2.2% |
| Lanzhou | 0 | 0 | 0.0% |
| Urumchi | -150 | -22 | -3.8% |
Change is on March 13th 2009 as compared to March 6th 2009
Change is per tonne
HRC
4.75mm
Common
| Location | CNY | USD | % |
| Shanghai | -30 | -4 | -0.9% |
| Hangzhou | 10 | 1 | 0.3% |
| Nanjing | 80 | 12 | 2.4% |
| Jinan | 30 | 4 | 0.9% |
| Hefei | -50 | -7 | -1.5% |
| Fuzhou | -50 | -7 | -1.5% |
| Nanchang | 0 | 0 | 0.0% |
| Guangzhou | 50 | 7 | 1.5% |
| Changsha | 60 | 9 | 1.7% |
| Wuhan | 0 | 0 | 0.0% |
| Zhengzhou | -50 | -7 | -1.5% |
| Beijing | 30 | 4 | 0.9% |
| Tianjin | 0 | 0 | 0.0% |
| Shijiazhuang | -10 | -1 | -0.3% |
| Taiyuan | 70 | 10 | 2.1% |
| Shenyang | 0 | 0 | 0.0% |
| Harbin | 0 | 0 | 0.0% |
| Chongqing | 0 | 0 | 0.0% |
| Chengdu | 50 | 7 | 1.4% |
| Kunming | -100 | -15 | -2.7% |
| Xian | 0 | 0 | 0.0% |
| Lanzhou | -30 | -4 | -0.9% |
| Urumchi | -50 | -7 | -1.4% |
Change is on March 13th 2009 as compared to March 6th 2009
Change is per tonne
Plates
20mm
Common
| Location | CNY | USD | % |
| Shanghai | 0 | 0 | 0.0% |
| Hangzhou | 0 | 0 | 0.0% |
| Nanjing | 0 | 0 | 0.0% |
| Jinan | -60 | -9 | -1.7% |
| Hefei | -50 | -7 | -1.5% |
| Fuzhou | -100 | -15 | -2.9% |
| Nanchang | -80 | -12 | -2.3% |
| Guangzhou | -20 | -3 | -0.6% |
| Changsha | -50 | -7 | -1.4% |
| Wuhan | 40 | 6 | 1.1% |
| Zhengzhou | -100 | -15 | -2.9% |
| Beijing | 0 | 0 | 0.0% |
| Tianjin | -30 | -4 | -0.9% |
| Taiyuan | -20 | -3 | -0.6% |
| Shenyang | -50 | -7 | -1.5% |
| Harbin | 0 | 0 | 0.0% |
| Chongqing | -50 | -7 | -1.4% |
| Chengdu | 20 | 3 | 0.6% |
| Kunming | 0 | 0 | 0.0% |
| Xian | 0 | 0 | 0.0% |
| Lanzhou | -100 | -15 | -2.9% |
| Urumchi | 0 | 0 | 0.0% |
Change is on March 13th 2009 as compared to March 6th 2009
Change is per tonne
CR
1.0mm
Common
| Location | CNY | USD | % |
| Shanghai | 30 | 4 | 0.7% |
| Hangzhou | 0 | 0 | 0.0% |
| Nanjing | -80 | -12 | -1.9% |
| Jinan | 0 | 0 | 0.0% |
| Qingdao | 0 | 0 | 0.0% |
| Hefei | 100 | 15 | 2.4% |
| Fuzhou | 0 | 0 | 0.0% |
| Nanchang | -30 | -4 | -0.7% |
| Guangzhou | 50 | 7 | 1.2% |
| Changsha | -100 | -15 | -2.4% |
| Wuhan | 50 | 7 | 1.1% |
| Zhengzhou | 0 | 0 | 0.0% |
| Beijing | -100 | -15 | -2.4% |
| Tianjin | -100 | -15 | -2.4% |
| Shijiazhuang | 50 | 7 | 1.1% |
| Taiyuan | -100 | -15 | -2.3% |
| Shenyang | 0 | 0 | 0.0% |
| Harbin | 0 | 0 | 0.0% |
| Chongqing | -50 | -7 | -1.1% |
| Chengdu | 0 | 0 | 0.0% |
| Kunming | 0 | 0 | 0.0% |
| Xian | 0 | 0 | 0.0% |
| Lanzhou | -250 | -37 | -6.0% |
| Urumchi | 0 | 0 | 0.0% |
Change is on March 13th 2009 as compared to March 6th 2009
Change is per tonne
HDG
0.5mm
Common
| Location | CNY | USD | % |
| Shanghai | 0 | 0 | 0.0% |
| Hangzhou | 0 | 0 | 0.0% |
| Beijing | -100 | -15 | -2.3% |
| Tianjin | -300 | -44 | -6.9% |
| Boxing | -150 | -22 | -3.6% |
| Guangzhou | 80 | 12 | 1.7% |
| Zhengzhou | -200 | -29 | -4.8% |
| Xian | -300 | -44 | -7.0% |
| Shenyang | -150 | -22 | -3.4% |
| Harbin | -150 | -22 | -3.5% |
| Nanchang | 0 | 0 | 0.0% |
| Fuzhou | 0 | 0 | 0.0% |
| Chongqing | -50 | -7 | -1.0% |
| Wuhan | -80 | -12 | -1.7% |
Change is on March 13th 2009 as compared to March 6th 2009
Change is per tonne
Chinese exports prices continue plummeting
| Item | Grade | Size | Change |
| Billet | Q235 | 150x150 | -5 |
| Rebar | HRB400 | 12-25mm | 0 |
| Wire rod | Q195 | 5.5-12mm | 0 |
| HRC | SS 400 | 4.5-11mm | -25 |
| Plates | SS 400 | 12-40mm | 0 |
| CRC | SPCC | 1.0x1250 | -10 |
| HDG | SGCC | 1.0x1250 | -10 |
HDG is in DX 51D 140gms
Change is on March 13th 2009 as compared to March 6th 2009
Change is in USD per tonne
Delivery FOB China port
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