Chinese Steel Prices plummeted on the back of demand. The Chinese Long Product Price Index CLPPI dipped by 25 points, whereas the Chinese Flat Products Index CFPPI followed suite with fall of 32 points. The overall price index CHISPI declined by 7 points.
| Class | 20-Mar | 27-Mar | Change | % |
| CLPPI | 5552 | 5577 | 25 | 0.4% |
| CFPPI | 5425 | 5393 | -32 | -0.6% |
| CHISPI | 5480 | 5472 | -7 | -0.1% |
CLPPI - Chinese Long Product Price Index
CFPPI - Chinese Flat Product Price Index
CHISPI - Chinese Steel Price Index
Long Products
| Category | 20-Mar | 27-Mar | Change | % |
| WRC | 4920 | 4942 | 21 | 0.4% |
| Rebar | 6316 | 6345 | 28 | 0.4% |
Flat Products:
| Category | 20-Mar | 27-Mar | Change | % |
| PLTS | 4834 | 4784 | -50 | -1.0% |
| HR | 5475 | 5448 | -27 | -0.5% |
| CR | 5778 | 5740 | -37 | -0.6% |
| GP | 5419 | 5394 | -26 | -0.5% |
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The steel prices in Chinese domestic market continued sloping gradient in the last 1 months unimpeded. However in the last fortnight the slide has decelerated probably signifying depletion of stock demand remaining unchanged.
There was a minor correction of 1% in long product prices however flat prices remained unchanged with a small slide of CNY 20 in HRC. These insignificant aberrations in price doest not augur any definite trend of revival. It can at the best be imputed to demand supply correction in the short term which is likely to even out in the absence of substantial demand revival both within China and Internationally. (STT, March 27th 2009: Spell of gloom continues in China with sliding steel prices)
Billets
150*150
Q235
| Location | CNY | USD | % |
| Jiangsu Province | -50 | -7 | -1.7% |
| Shandong Province | -50 | -7 | -1.7% |
| Hebei Province | -50 | -7 | -1.7% |
| Shanxi Province | 0 | 0 | 0.0% |
| Shaanxi Province | 0 | 0 | 0.0% |
| Tianjin | -70 | -10 | -2.4% |
| Fujian Province | -30 | -4 | -1.0% |
Change is on March 27th 2009 as compared to March 20th 2009
Change is per tonne
WRC
6.5mm
Common
| Location | CNY | USD | % |
| Shanghai | 40 | 6 | 1.3% |
| Hangzhou | 20 | 3 | 0.6% |
| Nanjing | 0 | 0 | 0.0% |
| Hefei | 50 | 7 | 1.5% |
| Changsha | 20 | 3 | 0.6% |
| Zhengzhou | 0 | 0 | 0.0% |
| Chengdu | 0 | 0 | 0.0% |
| Guiyang | 0 | 0 | 0.0% |
| Kunming | 0 | 0 | 0.0% |
| Urumchi | 0 | 0 | 0.0% |
Change is on March 27th 2009 as compared to March 20th 2009
Change is per tonne
Rebar
20mm
HRB 400
| Location | CNY | USD | % |
| Shanghai | 70 | 10 | 2.2% |
| Hangzhou | 110 | 16 | 3.3% |
| Nanjing | 20 | 3 | 0.6% |
| Jinan | 0 | 0 | 0.0% |
| Hefei | 40 | 6 | 1.2% |
| Fuzhou | 60 | 9 | 1.7% |
| Nanchang | 40 | 6 | 1.2% |
| Guangzhou | 20 | 3 | 0.5% |
| Changsha | 70 | 10 | 1.9% |
| Wuhan | 50 | 7 | 1.4% |
| Zhengzhou | 0 | 0 | 0.0% |
| Beijing | 20 | 3 | 0.6% |
| Tianjin | 0 | 0 | 0.0% |
| Shijiazhuang | 30 | 4 | 0.9% |
| Taiyuan | 0 | 0 | 0.0% |
| Shenyang | 0 | 0 | 0.0% |
| Harbin | -100 | -15 | -2.9% |
| Chongqing | 0 | 0 | 0.0% |
| Chengdu | 0 | 0 | 0.0% |
| Guiyang | 0 | 0 | 0.0% |
| Kunming | 0 | 0 | 0.0% |
| Xian | 20 | 3 | 0.6% |
| Lanzhou | -30 | -4 | -0.8% |
| Urumchi | -40 | -6 | -1.0% |
Change is on March 27th 2009 as compared to March 20th 2009
Change is per tonne
HRC
4.75mm
Common
| Location | CNY | USD | % |
| Shanghai | 0 | 0 | 0.0% |
| Hangzhou | -20 | -3 | -0.6% |
| Nanjing | -50 | -7 | -1.5% |
| Jinan | -20 | -3 | -0.6% |
| Hefei | -50 | -7 | -1.5% |
| Fuzhou | -50 | -7 | -1.5% |
| Nanchang | 0 | 0 | 0.0% |
| Guangzhou | -50 | -7 | -1.4% |
| Changsha | 0 | 0 | 0.0% |
| Wuhan | -20 | -3 | -0.6% |
| Zhengzhou | -50 | -7 | -1.5% |
| Beijing | -40 | -6 | -1.3% |
| Tianjin | -40 | -6 | -1.3% |
| Taiyuan | -40 | -6 | -1.2% |
| Shenyang | 30 | 4 | 0.9% |
| Harbin | -50 | -7 | -1.5% |
| Chongqing | -200 | -29 | -5.7% |
| Chengdu | -100 | -15 | -2.9% |
| Kunming | -50 | -7 | -1.4% |
| Xian | -20 | -3 | -0.6% |
| Lanzhou | 0 | 0 | 0.0% |
| Urumchi | 0 | 0 | 0.0% |
Change is on March 27th 2009 as compared to March 20th 2009
Change is per tonne
Plates
20mm
Common
| Location | CNY | USD | % |
| Shanghai | 0 | 0 | 0.0% |
| Hangzhou | -20 | -3 | -0.5% |
| Nanjing | 0 | 0 | 0.0% |
| Jinan | 0 | 0 | 0.0% |
| Qingdao | -50 | -7 | -1.2% |
| Hefei | -100 | -15 | -2.4% |
| Fuzhou | 0 | 0 | 0.0% |
| Nanchang | -50 | -7 | -1.1% |
| Guangzhou | -30 | -4 | -0.7% |
| Changsha | 0 | 0 | 0.0% |
| Wuhan | -50 | -7 | -1.2% |
| Zhengzhou | 0 | 0 | 0.0% |
| Beijing | 0 | 0 | 0.0% |
| Tianjin | -50 | -7 | -1.2% |
| Shijiazhuang | 0 | 0 | 0.0% |
| Taiyuan | 0 | 0 | 0.0% |
| Shenyang | -20 | -3 | -0.5% |
| Harbin | -150 | -22 | -3.4% |
| Chongqing | 50 | 7 | 1.1% |
| Chengdu | 0 | 0 | 0.0% |
| Kunming | 0 | 0 | 0.0% |
| Xian | 0 | 0 | 0.0% |
| Lanzhou | 0 | 0 | 0.0% |
| Urumchi | -200 | -29 | -4.9% |
Change is on March 27th 2009 as compared to March 20th 2009
Change is per tonne
CR
1.0mm
Common
| Location | CNY | USD | % |
| Shanghai | 0 | 0 | 0.0% |
| Hangzhou | -20 | -3 | -0.5% |
| Nanjing | 0 | 0 | 0.0% |
| Jinan | 0 | 0 | 0.0% |
| Qingdao | -50 | -7 | -1.2% |
| Hefei | -100 | -15 | -2.4% |
| Fuzhou | 0 | 0 | 0.0% |
| Nanchang | -50 | -7 | -1.1% |
| Guangzhou | -30 | -4 | -0.7% |
| Changsha | 0 | 0 | 0.0% |
| Wuhan | -50 | -7 | -1.2% |
| Zhengzhou | 0 | 0 | 0.0% |
| Beijing | 0 | 0 | 0.0% |
| Tianjin | -50 | -7 | -1.2% |
| Shijiazhuang | 0 | 0 | 0.0% |
| Taiyuan | 0 | 0 | 0.0% |
| Shenyang | -20 | -3 | -0.5% |
| Harbin | -150 | -22 | -3.4% |
| Chongqing | 50 | 7 | 1.1% |
| Chengdu | 0 | 0 | 0.0% |
| Kunming | 0 | 0 | 0.0% |
| Xian | 0 | 0 | 0.0% |
| Lanzhou | 0 | 0 | 0.0% |
| Urumchi | -200 | -29 | -4.9% |
Change is on March 27th 2009 as compared to March 20th 2009
Change is per tonne
HDG
0.5mm
Common
| Location | CNY | USD | % |
| Shanghai | 0 | 0 | 0.0% |
| Hangzhou | -60 | -9 | -1.4% |
| Beijing | -50 | -7 | -1.2% |
| Tianjin | 0 | 0 | 0.0% |
| Boxing | -70 | -10 | -1.7% |
| Guangzhou | 0 | 0 | 0.0% |
| Zhengzhou | 0 | 0 | 0.0% |
| Xian | -100 | -15 | -2.4% |
| Shenyang | -50 | -7 | -1.1% |
| Harbin | -100 | -15 | -2.4% |
| Nanchang | -70 | -10 | -1.5% |
| Fuzhou | 0 | 0 | 0.0% |
| Chongqing | -100 | -15 | -2.1% |
| Wuhan | 0 | 0 | 0.0% |
Change is on March 27th 2009 as compared to March 20th 2009
Change is per tonne
Chinese exports prices continue plummeting
| Item | Grade | Size | Change |
| Billet | Q235 | 150x150 | 0 |
| Rebar | HRB400 | 12-25mm | 0 |
| Wire rod | Q195 | 5.5-12mm | 0 |
| HRC | SS 400 | 4.5-11mm | -20 |
| Plates | SS 400 | 12-40mm | -20 |
| CRC | SPCC | 1.0x1250 | 0 |
| HDG | SGCC | 1.0x1250 | 0 |
HDG is in DX 51D 140gms
Change is on March 27th 2009 as compared to March 20th 2009
Change is in USD per tonne
Delivery FOB China port
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