Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

Home China Focus China Steel Intelligence

CSI: Asian Steel Market at a Turning Point

CSI: Asian Steel Market at a Turning Point (April 4, 2017)

Sample files

Asian steel markets are at turning points in both the short and long term. Luckily for us, this coincides perfectly with Kallanish Asia Steel Markets, which was held at the heart of changes in steel trade in Ho Chi Min City on 28-29 March. In the short term, China is seeing its steel markets turn downwards as some of the optimism of the start of the year fades. Several end use sectors are likely to confirm this trend as we will see from the latest data below.

Latest prices

+/-
Wire Rod / SE Asia CFR USD/t 2.0%
Iron Ore Freight / Tubarao (BRA)-Qingdao (CHN) / USD/t (SSY) 4.64%
Iron Ore Freight / W.Aus-Qingdao (CHN) / USD/t (SSY) 10.7%
Iron Ore Freight / Tubarao (BRA)-Rotterdam (NLD) / USD/t (SSY) 0.9%
Iron Ore Freight / Saldanha (RSA)-Qingdao (CHN) / USD/t (SSY) 3.16%
Coking Coal Freight / Queensland (Aus)-Vizag (India) / USD/t (SSY) 1.11%
Coking Coal Freight / Queensland (AUS)-Qingdao (CHN) / USD/t (SSY) 10.92%
Coking coal / Australia FOB / USD/t 16.33%
More Ferrous prices

More Global Prices

+/-
Rebar / N Europe Ex-Works EUR/t -2.0%
HDG / N Europe Ex-Works EUR/t -1.0%
CRC / N Europe Ex-Works EUR/t -3.0%
HRC / N Europe Ex-Works EUR/t -2.0%
CRC / CIS-Black Sea FOB USD/t 0.0%
High Speed Wire Rod / Shanghai FOT CNY/t 3.0%
Rebar in Coil / Shanghai FOT CNY/t 2.0%
OCTG P110 Pipe 5.5" diameter / N America FOB USD/s.ton -2.0%
HRC / Vietnam CFR USD/t 1.0%
HDG / China FOT CNY/t 0.0%
Rebar / China FOT Warehouse CNY/t 2.0%
Billet / Manila CFR USD/t 1.0%
More Ferrous prices