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Chinatsi Benchmark Price
Daily Price (Tangshan)
3060
62.77% % Chg (YoY)
12.50% % Chg (MoM)

products item Yuan/ton Chg  
Billet 3060 -40
Strip 3220 -40
Wire rod 3360 -40
Rebar 3680 -20
Angle Steel 3580 0
HRC 3260 -20
Medium plate 3380 0
Pipe 3460 0
As on 24 May 2017 03:05PM
Market Summary

Chinatsi Expected Price Index (May.21-May.27, 2017) is 55.71, up 2.3 week-on-week. In the third week, steel market witnessed the sharp upsurge. Steel market would head into shocked strong consolidation in a short term with relative balance demand and stocks.

Details
Latest Sell & Buy
Producing Cost of Steel Works(From survey)
The index Billet
(with tax)
Molten iron
(without tax)
Yuan/ton 2515 1850
Last week 2515 1850
Last month 2572.50 1900
As on 19 May 2017
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Chinatsi Spot & Futures Value Plant

Price Spread

-219

Ratio

1.47

Ratio

6.88

Price Spread

195

Ratio

3.07

Ratio

2.08

China TSI
As on 24 May 2017
Current Value Yuan/ton Reference Yuan/ton Change
3060 Previous Day 3100 -40
Previous Week 3040 20
Previous Month 2720 340
Previous Year 1880 1180

 

Current Value Yuan/ton Reference Yuan/ton Change
480 Previous Day 485 10
Previous Week 455 0
Previous Month - -
Previous Year 390 -15

*$/ton

Operating Rate of Steel Works(BF )
As on 23 May 2017
Date Operating Rate Capacity Utilization Daily Output*
23 May 2017 82.17 88.81 37.73
22 May 2017 82.17 88.81 37.73
21 May 2017 81.53 88.39 37.53
20 May 2017 81.53 88.39 37.53
19 May 2017 81.53 88.39 37.53
*ten thousand tons
Daily Iron Ore Assessments
As on 31 May 2016
Fe % $/dmt Change Annual Peak
Spot Lump premium 0.20 0.00 0.22
62%-Fe 49.90 -0.30 83.95
58%-Fe 36.10 -0.30 62.25
58%-Fe (Al = 4.0% max) 41.60 -0.75 74.60
Daily Crude Steel Output
As on 10 May 2017
Date Ten Thousand
Tons*
Previous Year* %Chg
10 May 2017 179.84 170.96 5.19
30 Apr 2017 186.50 171.93 8.47
20 Apr 2017 184.97 168.79 9.59
10 Apr 2017 181.04 168.63 7.36
31 Mar 2017 177.70 163.10 8.95
*of CISA Member Enterprises
Product Requirement Category Region Published By Posted Date
WIRE RODS buying Wire Rods China ALMET PAKISTAN 07-Mar-2017
Hot Rolled Coils selling Billet China ALMET PAKISTAN 07-Mar-2017
SAE1008 CR 6.5MM selling Wire Rods China Tangshan Huatuo Trading Co., Ltd 03-Mar-2017
GI pipe buying Pipes WU PROGRESS ELEM LIMITED 24-Feb-2017
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