Table-1
Product | Size (mm) | Dec-8 | Dec-1 | W-o-W | Change from the end of 2016) | ||
Price (Yuan/t) | Index | Price (Yuan/t) | Index | ||||
High-speed wire rod HPB 300 | Φ6.5 | 4,645 | 133.18 | 4,912 | 140.82 | 7.64 | 42.65 |
Rebar (grade-III) HRB 400 | Φ16 | 4,480 | 127.71 | 4,808 | 137.05 | 9.34 | 42.84 |
Steel angle Q235 | 5# | 4,432 | 124.92 | 4,538 | 127.89 | 2.97 | 31.38 |
Plate Q235 | 20 | 4,224 | 118.35 | 4,347 | 121.80 | 3.45 | 20.49 |
HRC Q235 | 3 | 4,368 | 113.82 | 4,513 | 117.59 | 3.77 | 14.74 |
CR sheet SPCC | 1 | 4,853 | 103.09 | 4,962 | 105.40 | 2.31 | 4.08 |
Galvanized steel sheet SGCC | 0.5 | 5,299 | 102.54 | 5,382 | 104.14 | 1.61 | 6.86 |
Seamless steel tube 20# | 219×10 | 5,473 | 109.36 | 5,567 | 111.22 | 1.86 | 25.44 |
Note: China Iron & Steel Association (CISA) launched the index in April 2001, which is compiled on prices for eight steel products in 23 cities. April 1994 is the starting point with a base index of 100.
Table-2
Product | Dec-8 | Dec-1 | W-o-W | Change from the end of 2016 |
Index | Index | |||
Composite | 121.23 | 126.27 | 5.05 | 26.76 |
Long products | 129.69 | 137.54 | 7.85 | 39.94 |
Flat products | 115.40 | 118.56 | 3.16 | 13.96 |
Note: 1. Long products refer to high-speed wire rod, rebar, high-quality carbon-structure round steel, angle, and H-beam; flat products refer to plate, HR coil/sheet, hot-rolled strip, CR coil/sheet, and galvanized steel sheet.
2. Global composite steel price index stood at 200.6 at the end of November 2017, up 7.3 points month-on-month; long steel index was at 244.5, increasing 10.3 points month-on-month; flat steel index ended at 183.1, moving up 5.8 points.
(Source: CISA, Compiled by www.Mysteel.net, 17% VAT Included)
Written by Thea Feng (fengyx@mysteel.com)