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Steel - HRC/CRC
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Brief analysis on recent price hikes in China's flats steel market
Since June this year, China's flats steel prices showed reversals and kept refreshing new high records in this slack season, among which HRC led this tide of rising trend, with Shougang-made 3.75mm in Shanghai market rebounding by 740 yuan/tonne on July 19 from 3,120 yuan/tonne on June 5. So why HRC prices posted skyrocketing growth in such a short term and how long will this situation last, this article will reply.
Domestic CRC price likely to see upturns in coming August
Looking back domestic CRC prices in 1H this year, which showed a strong pulling-up trend after retreating from a high level. China's CRC prices kept falling since Feb this year, sliding by nearly 1,000 yuan/tonne from a peak point of 4,800 yuan/tonne to 3,724 yuan/tonne. As everyone believed that it was hard to see market reversals in past "Golden Mar and Silver Apr", CRC prices eyed a round of strong upbeat trend in this traditional slack season for demand.
Mysteel analysis & forecast on domestic CRC downstream consumption in coming Q3
In the past Q2 2017, domestic market consumption for CRC maintained robust, although highly-expected season for demand is still coming on the way. In the first five months this year, the CRC exports eyed an overall upward trend. Mysteel estimated that the demand for CRC is expected to maintain stable without notable changes in the coming Q3 from supply & demand, exports and terminal demand sectors.
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Daily Price
Market price of CR coil/sheet in Shangha    Jul 27 2017
Market price of HR coil in Lecong(16:21)    Jul 27 2017
Market price of HR coil/sheet in Guangzh    Jul 27 2017
Market price of HR coil in Changchun(15:    Jul 27 2017
Market price of HR coil/sheet in Ningbo(    Jul 27 2017
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Price Summarization
Summarization of CR coil/sheet pric    Jul 27 2017
Summarization of HR coil/sheet pric    Jul 27 2017
Summarization of CR coil/sheet pric    Jul 26 2017
Summarization of HR coil/sheet pric    Jul 26 2017
Summarization of CR coil/sheet pric    Jul 25 2017
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Others
Flat Steel Traders' Inventories in Major China Cities (2017.07.21-07.28)     Jul 27 2017
Baosteel ex-works prices of CRC(DC51D+AZ) for delivery in August 2017    Jul 25 2017
Baosteel ex-works prices of CRC(DC51D+Z) for delivery in August 2017    Jul 25 2017
Baosteel ex-works prices of HRC(SPHC) for delivery in August 2017    Jul 25 2017
Baosteel ex-works prices of CRC(DC01) for delivery in August 2017    Jul 25 2017
Baosteel ex-works prices of HRC(Q235B) for delivery in August 2017    Jul 25 2017
China CR sheet export to different countries (Jan.-Jun. 2017)    Jul 25 2017
China HR sheet export to different countries (Jan.-Jun. 2017)    Jul 25 2017
China HR sheet import from different countries ( Jan-Jun, 2017)     Jul 25 2017
China CR sheet import from different countries ( Jan-Jun, 2017)    Jul 25 2017
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Sell & Buy
·Lanthanum metal    Jul 19
·Praseodymium metal    Jul 19
·Cerium metal    Jul 13
·need stainless steel plate 304 / 316    Apr 16
·WANT TO BUY CRC, HRC AND STS COILS    Apr 13
·billet 3sp, 5sp, rebar , wire rod    Feb 10
Issue Your Inquiry>>>
Sell & Buy
·Need Hot rolled strip 355mm to 685mm,    Oct 14
·triangular tube    Oct 13
·need St37, St52, A516 Slab    Aug 25
·Need HR Steel coil     Aug 23
·Need Seamless steel pipe     Aug 23
·GI Wire Zinc Coated    Jul 05
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