SteelHome Morning Express (March 12, 2026)

12 March 2026
SteelHome Morning Express (March 12, 2026)

SteelHome (China) Steel Price Index (SHCNSI) was 85.79 points (3,711 yuan) on March 11, 2026, down 0.04 points (1 yuan) from the previous trading day.

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

Medium plate: 20mm Q235 medium plate price averaged at 3,384 yuan/t in 28 domestic markets, down 1 yuan/t from previous trading day.

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

CRC: Average price of 1.0mm SPCC CRC was 3,801 yuan/t in 28 domestic markets, up 3 yuan/t from previous trading day.

Ex-works price of steel billet in Qian’an rose by 10 yuan to 2,950-2,960 yuan/t on March 11. Spot resources were priced 3,020 yuan/t. Transactions for direct-shipped resources were sparse. It is expected that billet market prices will increase amid stability in the short term.


Source : Steelhome

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