Major Viewpoints in China steel market

10 January 2025
Major Viewpoints in China steel market

About Steel: From Monday to Thursday (January 6-January 9), the domestic steel market prices declined. On January 9, SteelHome’ s benchmark price index of steel was 3831 yuan/ton, down by 59 yuan/ton compared to January 3. Among which, the price index of long steel was 3448 yuan/ton, down by 55 yuan/ton; The price index of flat steel was 3611 yuan/ton, down by 72 yuan/ton.

The price index of rebar was 3390 yuan/ton, down by 58 yuan/ton; The price index of plate was 3524 yuan/ton, down by 62 yuan/ton; The price index of HRC was 3447 yuan/ton, down by 87 yuan/ton; The price index of CRC was 4267 yuan/ton, down by 36 yuan/ton.

SteelHome's price index of ordinary carbon billet was 2994 yuan/ton, down by 66 yuan/ton form January 3. SteelHome's price index of HMS was 2547 yuan/ton, down by 41 yuan/ton form January 3.

About production: As of January 9 this week, the operating rate of blast furnaces of steel mills in China was 85.78%, an increase of 0.64 percentage points than the survey previous week; The utilization rate of EAF production capacity was 59.54%, a decrease of 1.33 percentage points.

--Steelhome


Source : SteelHome

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