Chinese domestic market for steel products remained subdued last week amid slowing down of Chinese economy.
But wit the latest reduction of RRP ratio by Chinese banks, some market players are expecting the zing to come back to Chinese domestic market although the chance appear to be very slim of suck occurrence.
The Chinese Long Product Price Index CLPPI has gone down by 6 points last week whereas the Chinese Flat Products Index CFPPI has also gone down by 6 points. The overall price index CHISPI declined by 6 points.
| Class | 25-Nov | 02-Dec | Change | % |
| CLPPI | 7858 | 7852 | -6 | -0.1% |
| CFPPI | 6823 | 6817 | -6 | -0.1% |
| CHISPI | 7271 | 7265 | -6 | -0.1% |
CLPPI - Chinese Long Product Price Index
CFPPI - Chinese Flat Product Price Index
CHISPI - Chinese Steel Price Index
Long Products
| Category | 25-Nov | 02-Dec | Change | % |
| PI-WRC | 7898 | 7882 | -16 | -0.2% |
| PI-Rebar | 7809 | 7815 | 6 | 0.1% |
PI - Product Index
Flat Products
| Category | 25-Nov | 02-Dec | Change | % |
| PI-PLTS | 6089 | 6072 | -17 | -0.3% |
| PI-HR | 6935 | 6949 | 14 | 0.2% |
| PI-CR | 7073 | 7050 | -23 | -0.3% |
| PI-GP | 6854 | 6775 | -79 | -1.2% |
PI - Product Index
To know more about these indices please visit
http://steelprices-china.com/spi_services/spi.html
1. Long products
Billets
150*150
Q235
| Location | CNY | USD |
| Shanghai | 0 | 0 |
| Jiangsu | 0 | 0 |
| Shandong | 40 | 6 |
| Fujian | 90 | 14 |
| Guangdong | 50 | 8 |
| Henan | 40 | 6 |
| Hebei | 80 | 13 |
| Shanxi | 20 | 3 |
| Liaoning | 30 | 5 |
| Yunnan | -60 | -9 |
Change is on Dec 02nd as compared to 25th Nov 2011
Change is per tonne
WRC
6.5mm
High Speed
| Location | CNY | USD |
| Shanghai | 10 | 2 |
| Hangzhou | 10 | 2 |
| Nanjing | 0 | 0 |
| Wuxi | 0 | 0 |
| Jinan | 0 | 0 |
| Hefei | 0 | 0 |
| Fuzhou | 20 | 3 |
| Nanchang | 10 | 2 |
| Guangzhou | 30 | 5 |
| Nanning | 0 | 0 |
| Changsha | -180 | -28 |
| Wuhan | 0 | 0 |
| Zhengzhou | -10 | -2 |
| Beijing | 30 | 5 |
| Tianjin | 0 | 0 |
| Baotou | -40 | -6 |
| Shijiazhuang | 20 | 3 |
| Taiyuan | 0 | 0 |
| Shenyang | -20 | -3 |
| Changchun | -20 | -3 |
| Harbin | 0 | 0 |
| Chongqing | -30 | -5 |
| Chengdu | -20 | -3 |
| Guiyang | 0 | 0 |
| Kunming | 0 | 0 |
| Xian | -60 | -9 |
| Lanzhou | 0 | 0 |
| Urumchi | 0 | 0 |
Change is on Dec 02nd as compared to 25th Nov 2011
Change is per tonne
Rebars
20mm
HRB 400
| Location | CNY | USD |
| Shanghai | 30 | 5 |
| Hangzhou | 10 | 2 |
| Nanjing | 10 | 2 |
| Wuxi | 0 | 0 |
| Jinan | 50 | 8 |
| Hefei | 40 | 6 |
| Fuzhou | 40 | 6 |
| Nanchang | -20 | -3 |
| Guangzhou | 20 | 3 |
| Nanning | 50 | 8 |
| Changsha | -80 | -13 |
| Wuhan | 0 | 0 |
| Zhengzhou | 0 | 0 |
| Beijing | 20 | 3 |
| Tianjin | 30 | 5 |
| Baotou | -40 | -6 |
| Shijiazhuang | 20 | 3 |
| Taiyuan | 20 | 3 |
| Shenyang | -20 | -3 |
| Changchun | -20 | -3 |
| Harbin | 0 | 0 |
| Chongqing | -40 | -6 |
| Chengdu | -30 | -5 |
| Guiyang | 0 | 0 |
| Kunming | 20 | 3 |
| Xian | -40 | -6 |
| Lanzhou | 20 | 3 |
| Urumchi | 0 | 0 |
Change is on Dec 02nd as compared to 25th Nov 2011
Change is per tonne
Angle
#5
| Location | CNY | USD |
| Shanghai | 10 | 2 |
| Hangzhou | 0 | 0 |
| Nanjing | -60 | -9 |
| Wuxi | 10 | 2 |
| Jinan | -50 | -8 |
| Hefei | -30 | -5 |
| Fuzhou | 0 | 0 |
| Nanchang | -50 | -8 |
| Guangzhou | 20 | 3 |
| Nanning | 0 | 0 |
| Changsha | -50 | -8 |
| Wuhan | -50 | -8 |
| Zhengzhou | -70 | -11 |
| Beijing | 30 | 5 |
| Tianjin | 20 | 3 |
| Baotou | 0 | 0 |
| Shijiazhuang | 0 | 0 |
| Taiyuan | 20 | 3 |
| Shenyang | 0 | 0 |
| Changchun | -30 | -5 |
| Harbin | 0 | 0 |
| Chongqing | 0 | 0 |
| Chengdu | -30 | -5 |
| Guiyang | 0 | 0 |
| Kunming | 0 | 0 |
| Xian | 0 | 0 |
| Lanzhou | 0 | 0 |
| Urumchi | 0 | 0 |
Change is on Dec 02nd as compared to 25th Nov 2011
Change is per tonne
Channel
#16
| Location | CNY | USD |
| Shanghai | 0 | 0 |
| Hangzhou | 0 | 0 |
| Nanjing | -50 | -8 |
| Wuxi | 30 | 5 |
| Jinan | 0 | 0 |
| Hefei | -10 | -2 |
| Fuzhou | 0 | 0 |
| Nanchang | -50 | -8 |
| Guangzhou | 0 | 0 |
| Nanning | 0 | 0 |
| Changsha | -50 | -8 |
| Wuhan | -10 | -2 |
| Zhengzhou | -100 | -16 |
| Beijing | 30 | 5 |
| Tianjin | 20 | 3 |
| Baotou | 0 | 0 |
| Shijiazhuang | 0 | 0 |
| Taiyuan | 20 | 3 |
| Shenyang | 0 | 0 |
| Changchun | 0 | 0 |
| Harbin | -50 | -8 |
| Chongqing | 0 | 0 |
| Chengdu | -30 | -5 |
| Guiyang | 0 | 0 |
| Kunming | 0 | 0 |
| Xian | 0 | 0 |
| Lanzhou | 0 | 0 |
| Urumchi | 0 | 0 |
Change is on Dec 02nd as compared to 25th Nov 2011
Change is per tonne
Beam
#25
| Location | CNY | USD |
| Shanghai | -20 | -3 |
| Hangzhou | 30 | 5 |
| Nanjing | -20 | -3 |
| Wuxi | 40 | 6 |
| Jinan | 0 | 0 |
| Hefei | -10 | -2 |
| Fuzhou | 0 | 0 |
| Nanchang | -50 | -8 |
| Guangzhou | 0 | 0 |
| Nanning | 0 | 0 |
| Changsha | 0 | 0 |
| Wuhan | -10 | -2 |
| Zhengzhou | -100 | -16 |
| Beijing | 30 | 5 |
| Tianjin | 20 | 3 |
| Baotou | 0 | 0 |
| Shijiazhuang | 0 | 0 |
| Taiyuan | 20 | 3 |
| Shenyang | 0 | 0 |
| Changchun | 0 | 0 |
| Harbin | -40 | -6 |
| Chongqing | 0 | 0 |
| Chengdu | 0 | 0 |
| Guiyang | 0 | 0 |
| Kunming | 0 | 0 |
| Xian | -20 | -3 |
| Lanzhou | 0 | 0 |
| Urumchi | 0 | 0 |
Change is on Dec 02nd as compared to 25th Nov 2011
Change is per tonne
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