SteelHome Morning Express (March 5, 2025)

05 March 2025
SteelHome Morning Express (March 5, 2025)

SteelHome (China) Steel Price Index (SHCNSI) was 88.85 points (3,843 yuan) on March 4, 2025, down 0.24 point (11 yuan) from the previous trading day. Details are as below:

Construction steel: 20mm HRB400 rebar averaged at 3,341 yuan/t in 28 domestic markets, down 20 yuan/t from previous trading day.

Medium plate: 20mm Q235 medium plate price averaged at 3,532 yuan/t in 28 domestic markets, down 7 yuan/t from previous trading day.

HRC: 5.75mm Q235 HRC average price was 3,438 yuan/t in 28 domestic markets, down 13 yuan/t from previous trading day.

CRC: Average price of 1.0mm SPCC CRC was 4,171 yuan/t in 28 domestic markets, down 2 yuan/t from previous trading day.

Ex-works price of steel billet in Qian’an fell by 30-40 yuan to 3,050-3,060 yuan/t on March 4. Spot resources were priced 3,130 yuan/t amid sluggish transactions.


Source : SteelHome

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