Clips
Monday Market Monitor - China - WEEK 35 - On upward trend - 06 Sep, 2010
The busy season which is coming and the stock situation in last week have given much confidence to China’s steel market. As a result, many industry insiders have had optimistic remarks about steel price in September, especially the price of long products.
According the latest market survey, last week, the overall stock volume of steel products in China is 15.35 million tonne, down by 0.15 million tonne compared to that of last week. The change of stock volume has a strong and direct effect on the trend of steel prices.

The traditional busy season of construction industry will begin in September and the restrict policy of the use of electricity in some areas will seriously affect the production of mid and small sized steel mills. The combination of the two factors wills certain push steel prices, especially long products price upward.

The Chinese Long Product Price Index CLPPI inclined by 129 points in this week whereas the Chinese Flat Products Index CFPPI also up by 85 points. The overall price index CHISPI increased by 104 points.

Class27-Aug03-SepChange%
CLPPI663967681291.9%
CFPPI67746859851.3%
CHISPI671668201041.6%

CLPPI - Chinese Long Product Price Index
CFPPI - Chinese Flat Product Price Index
CHISPI - Chinese Steel Price Index

Long Products
Category27-Aug03-SepChange%
PI-WRC57605859991.7%
PI-Rebar770378691662.2%

PI - Product Index

Flat Products
Category27-Aug03-SepChange%
PI-PLTS61746229550.9%
PI-HR678969071181.7%
PI-CR72367273380.5%
PI-GP68036819160.2%

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
LocationCNYUSD
Fujian Province10215
Hebei Province10015
Jiangsu Province9914
Shandong Province00
Shanxi Province8012
Tianjin9013

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

WRC
6.5mm
Common
LocationCNYUSD
Changsha7010
Chengdu10615
Guiyang10816
Hangzhou14221
Kunming588
Nanjing406
Shanghai17225
Urumchi00
Zhengzhou304

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

Rebars
20mm
HRB 400
LocationCNYUSD
Beijing416
Changsha11417
Chengdu7010
Chongqing11016
Fuzhou8012
Guangzhou609
Guiyang10916
Hangzhou18327
Harbin-11-2
Hefei15923
Jinan223
Kunming8913
Lanzhou15523
Nanchang14221
Nanjing15823
Shanghai14020
Shenyang558
Shijiazhuang507
Taiyuan11016
Tianjin375
Urumchi00
Wuhan13920
Xian16023
Zhengzhou588

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

2. Flats products

HRC
4.75mm
Common
LocationCNYUSD
Beijing7010
Changsha8012
Chengdu12218
Chongqing365
Fuzhou406
Guangzhou507
Hangzhou8412
Harbin315
Hefei10015
Jinan609
Kunming10415
Lanzhou304
Nanchang8012
Nanjing8012
Shanghai609
Shenyang8012
Shijiazhuang568
Taiyuan8012
Tianjin7511
Urumchi19929
Wuhan9113
Xian203
Zhengzhou6510

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

Plates
20mm
Common
LocationCNYUSD
Beijing101
Changsha101
Chengdu6810
Chongqing315
Fuzhou00
Guangzhou00
Hangzhou11016
Harbin304
Hefei7010
Jinan00
Kunming548
Lanzhou24937
Nanchang183
Nanjing568
Shanghai507
Shenyang00
Taiyuan304
Tianjin-14-2
Urumchi00
Wuhan538
Xian558
Zhengzhou183

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

Pig Iron
Z18-22
Foundry
LocationCNYUSD
Kunming00
Changzhou507
Xuzhou528
Linyi406
Weihai00
Wuan10215
Taiyuan29243
Yicheng30044
Linzhou609
Guiyang00
Harbin548
Anshan517

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

HR Strip
183*2.75
LocationCNYUSD
Shanghai7010
Hangzhou7110
Guangzhou9915
Wuhan396
Tianjin457
Chengdu00
Wuxi15022
Lecong10015
Tangshan8412

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

CR
1.0mm
Common
LocationCNYUSD
Beijing00
Changsha101
Chengdu00
Chongqing7311
Fuzhou00
Guangzhou223
Hangzhou487
Harbin609
Hefei528
Jinan8813
Kunming00
Lanzhou00
Nanchang00
Nanjing528
Qingdao203
Shanghai00
Shenyang00
Shijiazhuang00
Taiyuan9013
Tianjin00
Urumchi00
Wuhan325
Xian00
Zhengzhou609

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

HDG
0.5mm
Common
LocationCNYUSD
Beijing375
Boxing-69-10
Chongqing00
Fuzhou00
Guangzhou00
Hangzhou10716
Harbin00
Nanchang00
Shanghai00
Shenyang00
Tianjin-10-1
Wuhan00
Xian00
Zhengzhou00

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

Plates
20mm
Ship Building
LocationCNYUSD
Shanghai00
Nanjing15022
Jinan365
Fuzhou00
Guangzhou00
Wuhan477
Tianjin203
Ningbo223

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

Angle
#5
LocationCNYUSD
Shanghai406
Hangzhou304
Nanjing426
Jinan11617
Hefei15423
Fuzhou-47-7
Nanchang00
Guangzhou00
Changsha213
Wuhan00
Zhengzhou00
Beijing00
Tianjin457
Shijiazhuang00
Taiyuan609
Shenyang507
Harbin203
Chongqing609
Chengdu00
Kunming10315
Xian00
Lanzhou00
Urumchi00

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

Channel
#16
LocationCNYUSD
Shanghai629
Hangzhou426
Nanjing548
Jinan467
Hefei12418
Fuzhou-50-7
Nanchang00
Guangzhou00
Changsha203
Wuhan375
Zhengzhou00
Beijing00
Tianjin10015
Shijiazhuang00
Taiyuan507
Shenyang10015
Harbin264
Chongqing00
Chengdu00
Kunming00
Xian00
Lanzhou00
Urumchi00

Change is on Sep 3rd 2010 as compared to Aug 27th 2010
Change is per tonne

Beam
#25
LocationCNYUSD
Shanghai00
Hangzhou00
Nanjing203
Jinan528
Hefei568
Fuzhou-50-7
Nanchang00
Guangzhou00
Changsha193
Wuhan00
Zhengzhou183
Beijing00
Tianjin406
Shijiazhuang00
Taiyuan00
Shenyang00
Harbin203
Chongqing00
Chengdu00
Kunming00
Xian00
Lanzhou00
Urumchi0
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Currency Rates
06 Feb, 2012
USD 1.0000
AUD 0.9329
BRL 1.7166
CAD 0.9955
CNY 6.3088
EUR 0.7642
GBP 0.6339
INR 48.7271
JPY 76.7910
RUB 30.1796
ZAR 7.5624
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