The steel prices exhibited mixed trend this week in China. The cost price of almost all the raw materials, including electricity iron ore concentrates and coal, continues to rise in China after Dubai’s debt crisis caused a short term pullback in global capital markets.
The Chinese Long Product Price Index CLPPI dipped by 11 points whereas the Chinese Flat Products Index CFPPI continued improving by posting gain of just 2 points. The overall price index CHISPI slid by 4 points.
| Class | 27-Nov | 04-Dec | Change | % |
| CLPPI | 5981 | 5970 | -11 | -0.2% |
| CFPPI | 6111 | 6113 | 2 | 0.0% |
| CHISPI | 6055 | 6051 | -4 | -0.1% |
CLPPI - Chinese Long Product Price Index
CFPPI - Chinese Flat Product Price Index
CHISPI - Chinese Steel Price Index
Long Products
| Category | 27-Nov | 04-Dec | Change | % |
| PI-WRC | 5201 | 5192 | -9 | -0.2% |
| PI-Rebar | 6925 | 6911 | -14 | -0.2% |
PI - Product Index
Flat Products
| Category | 27-Nov | 04-Dec | Change | % |
| PI-PLTS | 5291 | 5288 | -3 | -0.1% |
| PI-HR | 6043 | 6031 | -12 | -0.2% |
| PI-CR | 6868 | 6910 | 41 | 0.6% |
| PI-GP | 6482 | 6510 | 28 | 0.4% |
PI - Product Index
To know more about these indices please visit
http://steelprices-china.com/spi_services/spi.html
1. Long products - Vanishing fortunes
Billets
150*150
Q235
| Location | CNY | USD |
| Fujian Province | 0 | 0 |
| Hebei Province | -90 | -13 |
| Jiangsu Province | 0 | 0 |
| Shandong Province | 0 | 0 |
| Shanxi Province | -30 | -4 |
| Tianjin | 0 | 0 |
Change is on December 4th as compared to November 27th 2009
Change is per tonne
WRC
6.5mm
Common
| Location | CNY | USD |
| Changsha | 10 | 1 |
| Chengdu | -50 | -7 |
| Guiyang | -60 | -9 |
| Hangzhou | 20 | 3 |
| Kunming | 0 | 0 |
| Nanjing | 0 | 0 |
| Shanghai | 30 | 4 |
| Urumchi | 0 | 0 |
| Zhengzhou | -20 | -3 |
Change is on December 4th as compared to November 27th 2009
Change is per tonne
Rebars
20mm
HRB 400
| Location | CNY | USD |
| Beijing | -50 | -7 |
| Changsha | 30 | 4 |
| Chengdu | -30 | -4 |
| Chongqing | 10 | 1 |
| Fuzhou | 40 | 6 |
| Guangzhou | 0 | 0 |
| Guiyang | -80 | -12 |
| Hangzhou | 0 | 0 |
| Harbin | 0 | 0 |
| Hefei | 0 | 0 |
| Jinan | -30 | -4 |
| Kunming | 0 | 0 |
| Lanzhou | 0 | 0 |
| Nanchang | 20 | 3 |
| Nanjing | 20 | 3 |
| Shanghai | 30 | 4 |
| Shenyang | 0 | 0 |
| Shijiazhuang | -50 | -7 |
| Taiyuan | -30 | -4 |
| Tianjin | -40 | -6 |
| Urumchi | 0 | 0 |
| Wuhan | 0 | 0 |
| Xian | -20 | -3 |
| Zhengzhou | -20 | -3 |
Change is on December 4th as compared to November 27th 2009
Change is per tonne
2. Flats products - Ominous signals
HRC
4.75mm
Common
| Location | CNY | USD |
| Beijing | -50 | -7 |
| Changsha | 30 | 4 |
| Chengdu | -30 | -4 |
| Chongqing | 10 | 1 |
| Fuzhou | 40 | 6 |
| Guangzhou | 0 | 0 |
| Guiyang | -80 | -12 |
| Hangzhou | 0 | 0 |
| Harbin | 0 | 0 |
| Hefei | 0 | 0 |
| Jinan | -30 | -4 |
| Kunming | 0 | 0 |
| Lanzhou | 0 | 0 |
| Nanchang | 20 | 3 |
| Nanjing | 20 | 3 |
| Shanghai | 30 | 4 |
| Shenyang | 0 | 0 |
| Shijiazhuang | -50 | -7 |
| Taiyuan | -30 | -4 |
| Tianjin | -40 | -6 |
| Urumchi | 0 | 0 |
| Wuhan | 0 | 0 |
| Xian | -20 | -3 |
| Zhengzhou | -20 | -3 |
Change is on December 4th as compared to November 27th 2009
Change is per tonne
Plates
20mm
Common
| Location | CNY | USD |
| Beijing | -20 | -3 |
| Changsha | 0 | 0 |
| Chengdu | 0 | 0 |
| Chongqing | -30 | -4 |
| Fuzhou | 30 | 4 |
| Guangzhou | -20 | -3 |
| Hangzhou | -20 | -3 |
| Harbin | 0 | 0 |
| Hefei | 0 | 0 |
| Jinan | -20 | -3 |
| Kunming | 50 | 7 |
| Lanzhou | 0 | 0 |
| Nanchang | 0 | 0 |
| Nanjing | 0 | 0 |
| Shanghai | 20 | 3 |
| Shenyang | 0 | 0 |
| Taiyuan | 0 | 0 |
| Tianjin | -20 | -3 |
| Urumchi | 0 | 0 |
| Wuhan | 40 | 6 |
| Xian | 0 | 0 |
| Zhengzhou | -20 | -3 |
Change is on December 4th as compared to November 27th 2009
Change is per tonne
CR
1.0mm
Common
| Location | CNY | USD |
| Beijing | 0 | 0 |
| Changsha | 30 | 4 |
| Chengdu | 100 | 15 |
| Chongqing | -30 | -4 |
| Fuzhou | 100 | 15 |
| Guangzhou | 10 | 1 |
| Hangzhou | -50 | -7 |
| Harbin | 150 | 22 |
| Hefei | 0 | 0 |
| Jinan | 0 | 0 |
| Kunming | 0 | 0 |
| Lanzhou | 0 | 0 |
| Nanchang | 100 | 15 |
| Nanjing | 50 | 7 |
| Qingdao | 50 | 7 |
| Shanghai | 0 | 0 |
| Shenyang | 50 | 7 |
| Shijiazhuang | 0 | 0 |
| Taiyuan | 50 | 7 |
| Tianjin | 0 | 0 |
| Urumchi | 50 | 7 |
| Wuhan | 0 | 0 |
| Xian | 0 | 0 |
| Zhengzhou | 70 | 10 |
Change is on December 4th as compared to November 27th 2009
Change is per tonne
HDG
0.5mm
Common
| Location | CNY | USD |
| Beijing | 0 | 0 |
| Boxing | -80 | -12 |
| Chongqing | -60 | -9 |
| Fuzhou | 0 | 0 |
| Guangzhou | 0 | 0 |
| Hangzhou | 0 | 0 |
| Harbin | -50 | -7 |
| Nanchang | 0 | 0 |
| Shanghai | 0 | 0 |
| Shenyang | -50 | -7 |
| Tianjin | 0 | 0 |
| Wuhan | 0 | 0 |
| Xian | 0 | 0 |
| Zhengzhou | 0 | 0 |
Change is on December 4th as compared to November 27th 2009
Change is per tonne
3. Export levels - On upswing
Chinese mills have increased the export offers for HR by about USD 10 per tonne
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(Sourced fromwww.steelprices-china.com)
