SteelHome (China) Steel Price Index (SHCNSI) was 97.7 points (4,226 yuan) on April 19, 2024, up 0.14 point (6 yuan) from the previous trading day.

Construction steel: 20mm HRB400 rebar averaged at 3,716 yuan/t in 28 domestic markets, up 5 yuan/t from previous trading day.

Medium plate: 20mm Q235 medium plate price averaged at 3,922 yuan/t in 28 domestic markets, up 4 yuan/t from previous trading day.

HRC: 5.75mm Q235 HRC average price was 3,858 yuan/t in 28 domestic markets, up 3 yuan/t from previous trading day.

CRC: Average price of 1.0mm SPCC CRC was 4,396 yuan/t in 28 domestic markets, up 2 yuan/t from previous trading day.

II Raw Materials

Ex-works price of billet in Qian’an remained at 3,490 yuan/t on April 19. Spot resources were priced 3,550-3,560 yuan/t amid good transaction

On April 19, SteelHome data showed that China Domestic Iron Ore Price Index (SHCNDOI) 65% stood at 1,005 yuan/t and SteelHome Imported Iron Ore Price Index (SHCNIOI) 62% fell by 1.41 dollar to 115.77 dollars/t.