Major Viewpoints about China Steel market

15 May 2024
Major Viewpoints about China Steel market

This Monday to Tuesday (May 13-14), the domestic steel prices declined. On May 14, SteelHome's benchmark steel price index was 4221 yuan/ton, decreased by 7 yuan/ton compared to May 11. Among which, the price index of long steel was 3836 yuan/ton, down by 7 yuan/ton; the price index of flat steel was 3986 yuan/ton, down by 6 yuan/ton. The price index of rebar was 3754 yuan/ton, down by 9 yuan/ton; The price index of medium and heavy plate was 3924 yuan/ton, down by 4 yuan/ton; The price index of hot-rolled coil was 3879 yuan/ton, down by 8 yuan/ton; The price index of cold-rolled coil was 4429 yuan/ton, down by 7 yuan/ton.

In terms of stainless steel, the price index of stainless steel was 12834 yuan/ton, down by 7 yuan/ton compared to May 11. Among them, the price index of 300 series stainless steel was 16808 yuan/ton, down by 15 yuan/ton; The price index of 200 series stainless steel was 9663 yuan/ton, up by 1 yuan/ton; and the price index of 400 series stainless steel was 8395 yuan/ton, being flat.

--SteelHome

 


Source : SteelHome

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