SteelHome Morning Express (March 11, 2026)

11 March 2026
SteelHome Morning Express (March 11, 2026)

SteelHome (China) Steel Price Index (SHCNSI) was 85.83 points (3,712 yuan) on March 10, 2026, flat from the previous trading day.

Construction steel: 20mm HRB400 rebar averaged at 3,216 yuan/t in 28 domestic markets, down 2 yuan/t from previous trading day.

Medium plate: 20mm Q235 medium plate price averaged at 3,385 yuan/t in 28 domestic markets, flat from previous trading day.

HRC: 5.75mm Q235 HRC average price was 3,293 yuan/t in 28 domestic markets, down 1 yuan/t from previous trading day.

CRC: Average price of 1.0mm SPCC CRC was 3,798 yuan/t in 28 domestic markets, flat from previous trading day.

Ex-works price of steel billet in Qian’an fell by 20 yuan to 2,940-2,950 yuan/t on March 10. Spot resources were priced 3,010 yuan/t, down 10 yuan/t.  Transactions for direct-shipped resources were sparse, with transactions mainly concentrated in lower-priced cargoes. Downstream finished steel sales were sluggish, and rolling mills purchased billets mainly on a just-in-time basis. It is expected that billet market prices will remain generally stable in the short term.


Source : SteelHome

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