-
China's national average HRB 400 20mm dia rebar price reversed down Yuan 9/t ($1.3/t) on day to Yuan 4,192/t including the 16% VAT on July 16 as demand will weaken further with the whole country entering the hottest summer period and heavy rains hit many regions, while supply may increase with the resumption of some steelmakers in Xuzhou, East China's Jiangsu province, Mysteel notes.
-
The price of Q235 billet in Tangshan in Hebei province, North China, reversed up by Yuan 100/tonne ($15/t) on week to Yuan 3,700/t EXW including the 16% VAT as of July 13. Steelmakers and traders nursing lower inventories felt no pressure to sell and so lifted offer prices while markets remain buoyant.
-
China's national average benchmark price for Q235B grade 4.75mm hot-rolled coil climbed by Yuan 33/tonne ($5/t) on week to Yuan 4,262/t including 16% VAT as of July 13, which was mainly attributed to better sales, market sources shared.
-
Mysteel's Tangshan Q235 billet benchmark price receded by a total of Yuan 50/tonne (convert please) over July 13-14 to Yuan 3,670/t EXW and including the 16% VAT as of Sunday, mainly as a downward correction after the too fast increase by Yuan 80/t in the three days prior to last Friday.
-
China's steel prices continued to strengthen on Thursday, with the national average benchmark price for the HRB 400 20mm dia rebar gaining another Yuan 33/tonne ($5/t) on day to Yuan 4,186/t and the 4.75mm HRC up Yuan 18/t on day to Yuan 4,258/t as of July 12, both including the 16% VAT.
-
China's national average HRB 400 20mm dia rebar benchmark price strengthened for the third consecutive day as of July 11, up another Yuan 12/tonne ($1.8/t) on day to Yuan 4,153/t including the 16% VAT, but the trading volume subsided because of Typhoon Maria.
-
Mysteel's Tangshan Q235 billet price grew another Yuan 50/tonne ($7.6/t) on day to Yuan 3,680/t EXW and including 16% VAT as of July 10 in response to the latest development that Tangshan government ordered local steel mills to cut on their sintering and blast furnaces capacities during July 10-31.
-
Mysteel's national average HRB400 20mm dia rebar price rebounded on July 9 after a two-day decline, up by a tiny Yuan 2/tonne ($0.3/t) from last Friday to Yuan 4,112/t including the 16% VAT, mainly attributed to better sales on Monday.
-
Mysteel's Tangshan Q235 billet benchmark price, the weather vane of China's steel market, rebounded by Yuan 10/tonne ($1.5/t) from July 6 over the weekend to Yuan 3,610/tonne EXW including the 16% VAT as of Sunday, showing little concern upon the Sino-US trade war that came into a reality last Friday.
-
China's national average HRB 400 20mm dia rebar benchmark price reversed down by 3/tonne ($0.5/t) on day to Yuan 4,121/t including 16% VAT on July 5, finding it hard to recover sustainably amid tepid demand after one-day attempt on July 4.
-
China's national benchmark price of HRB 400 20mm dia rebar rebounded after two days of declines, up Yuan 3/tonne ($0.5/t) on day to Yuan 4,124/t including the 16% VAT as of July 4, as the physical market borrowed some support from both the rebar futures price movement and the recovery in daily trading volume.
-
Mysteel's national average HRB400 20mm dia rebar price softened for the second day as of July 3, down another Yuan 19/tonne ($2.9/t) on day to Yuan 4,121/t including the 16% VAT, as the persisting gloomy demand amid heavy rains in South and Southwest China as well as high temperatures in most of the country in summer.
-
The Q235 billet price in Tangshan, Hebei province of North China, the barometer of China's steel market, fell Yuan 50/tonne ($7.6/t) over the week to Yuan 3,600/t EXW including the 16% on June 29 amid the waning buying enthusiasm from local re-rollers.
-
Mysteel's Tangshan Q235 billet benchmark price rebounded Yuan 10/tonne ($1.5/tonne) day on day to Yuan 3,590/tonne EXW including the 16% VAT as of July 1, partly due to the fact that the billet producer in Tangshan of Hebei province, North China, raised their list prices as part of the efforts to revive the market sentiment from its recent lows, according to market sources.
-
Mysteel's national average HRB400 20mm dia rebar price reversed up by Yuan 10/tonne ($1.5/t) on day to Yuan 4,126/t including the 16% VAT on June 28, ending a four-day decline, partly due to the fact that steel traders were with growing reluctance to further cut their offering prices after having lost Yuan 100/t in total during the days of declines.
-
Mysteel's national average HRB 400 20mm dia rebar benchmark price dipped for the fourth day on June 27, down another Yuan 13/tonne ($2/t) day on day to Yuan 4,116/t including the 16% VAT, or touching a new low since May 31, mainly due to the cautiousness of the traders and the softening in demand from the construction sites in many parts of China with the high temperatures and heavy rains in the summer days.
-
China’s domestic steel price decline accelerated on Tuesday with Mysteel’s national average HRB 400 20mm dia rebar benchmark price slumping Yuan 43/tonne ($6.5/tonne) on day to Yuan 4,129/t and the Tangshan Q235 billet price down by a similar degree of Yuan 40/t on day to Yuan 3,550/t EXW, both including
-
The price of Q235 billet in Tangshan in North China's Hebei province dropped by Yuan 70/tonne ($10.8/t) on week to Yuan 3,650/t EXW including to the 16% VAT on June 22, as suppliers were discounting sales prices on concerns of the increase in stocks, Mysteel noted.
-
Mysteel's national average benchmark price for HRB 400 20mm dia rebar continued to retreat on Monday, losing another Yuan 30/tonne ($4.8/t) on day to Yuan 4,172/t as of June 25.
-
Mysteel national average benchmark price for HRB 400 20mm dia rebar dipped for the second day on June 20, down Yuan 16/tonne ($2.5/tonne) on day to Yuan 4,209/tonne including 16% VAT, while lower prices spurred the buying interest, Mysteel notes.
