Search
Close this search box.

NEWS

China stainless steel factory

CSPI China Steel Price Index Weekly Report

In the week of December 11th to December 15th, the domestic steel price index increased slightly, the long product price index increased slightly, and the plate price index increased slightly.
That week, the China Steel Price Index (CSPI) was 112.77 points, a week-on-week increase of 0.33 points, or 0.30%; an increase of 1.15 points, or 1.03%, from the end of last month; a decrease of 0.48 points, or 0.42%, from the end of last year; year-on-year It dropped 0.35 points, or 0.31%. Among them, the long product price index was 116.45 points, up 0.14 points or 0.12% week-on-week; up 0.89 points or 0.77% from the end of last month; down 2.22 points or 1.87% from the end of last year; down 1.47 points year-on-year. The decrease was 1.25%. The plate price index was 111.28 points, up 0.50 points or 0.45% week-on-week; up 1.47 points or 1.34% from the end of last month; down 1.63 points or 1.44% from the end of last year; down 2.03 points or 1.79 year-on-year %.
In terms of regions, except for North China, the CSPI steel price index in the six major regions across the country all increased week-on-week. The region with the largest increase was the Central and Southern Region, and the region with the smallest increase was the Northeast region. Among them, the steel price index in North China was 110.69 points, down 0.11 points, or 0.10%, week-on-week; it was up 0.53 points, or 0.48%, from the end of last month. The steel price index in Northeast China was 110.42 points, an increase of 0.15 points, or 0.14%, week-on-week; an increase of 1.05 points, or 0.96%, from the end of last month. The steel price index in East China was 114.40 points, a week-on-week increase of 0.34 points, or 0.30%; an increase of 1.32 points, or 1.17%, from the end of last month. The steel price index in Central and South China was 115.15 points, a week-on-week increase of 0.60 points, or 0.52%; an increase of 1.30 points, or 1.14%, from the end of last month. The steel price index in Southwest China was 113.25 points, a week-on-week increase of 0.51 points, or 0.46%; an increase of 1.55 points, or 1.39%, from the end of last month. The steel price index in Northwest China was 113.60 points, up 0.46 points, or 0.41%, week-on-week; up 0.67 points, or 0.59%, from the end of last month.
In terms of varieties, among the eight major steel varieties, except for hot-rolled seamless pipes, the prices of other varieties have increased compared with the end of last month. The variety with the largest increase is hot-rolled coils, and the variety with the smallest increase is angle steel. Among them, the price index of high wire with a diameter of 6 mm was 120.60 points, an increase of 0.79% from the end of last month; the price index of rebar with a diameter of 16 mm was 112.60 points, an increase of 0.74% from the end of last month; the price index of 5# angle steel was 116.18 points, an increase of 0.79% from the end of last month. increased by 0.52%; the price index of 20 mm medium and thick plates was 114.27 points, an increase of 1.61% from the end of last month; the price index of 3 mm hot-rolled coils was 108.19 points, an increase of 1.83% from the end of last month; the price index of 1 mm cold-rolled sheets was 102.56 points, an increase of 0.71% from the end of last month; the price index of 1 mm galvanized sheet was 104.51 points, an increase of 0.67% from the end of last month; the price index of hot-rolled seamless pipes with a diameter of 219 mm × 10 mm was 96.07 points, a decrease of 0.06% from the end of last month. .
From the cost side, data from the General Administration of Customs show that in November, the average price of imported iron ore was US$117.16/ton, an increase of US$25.09/ton or 27.25% from the end of last year; it was US$4.23/ton higher than the average price in October. , up 3.75%; 22.82 US dollars/ton higher than the same period last year, up 24.19%. That week, the price of iron concentrate in the domestic market was 1,097 yuan/ton, up 30 yuan/ton or 2.81% from the end of last month; up 175 yuan/ton or 18.98% from the end of last year; up 181 yuan/ton year-on-year. The increase was 19.76%. The price of coking coal (grade 10) is 2,543 yuan/ton, an increase of 75 yuan/ton from the end of last month, or 3.04%; a decrease of 95 yuan/ton from the end of last year, or 3.60%; a year-on-year increase of 20 yuan/ton, or an increase of 3.60%. 0.79%. The price of coke was 2,429 yuan/ton, an increase of 100 yuan/ton, or 4.29%, from the end of last month; a decrease of 326 yuan/ton, or 11.83%, from the end of last year; a year-on-year decrease of 235 yuan/ton, or 8.82%. The scrap steel price was 2,926 yuan/ton, an increase of 36 yuan/ton, or 1.25%, from the end of last month; a decrease of 216 yuan/ton, or 6.87%, from the end of last year; a year-on-year decrease of 196 yuan/ton, or 6.28%.
From the perspective of the international market, in November, the CRU International Steel Price Index was 204.2 points, an increase of 8.7 points or 4.5% month-on-month. It rebounded after falling for 6 consecutive months month-on-month; it was down 1.0 points or 0.5% from the end of last year; A year-on-year decrease of 2.6 points, a decrease of 1.3%. Among them, the CRU long product price index was 209.1 points, an increase of 0.3 points or 0.1% month-on-month; a year-on-year decrease of 32.5 points or 13.5%. The CRU plate price index was 201.8 points, a month-on-month increase of 12.8 points, or 6.8%; a year-on-year increase of 12.2 points, or 6.4%. In terms of regions, in November, the steel price index in North America was 241.7 points, an increase of 30.4 points or 14.4% from the previous month; the steel price index in Europe was 216.1 points, an increase of 1.6 points or 0.7% from the previous month; the steel price index in Asia was 216.1 points, an increase of 1.6 points or 0.7% from the previous month. 175.6 points, a month-on-month decrease of 0.2 points or 0.1%.
Overall, the convening of the Political Bureau meeting of the CPC Central Committee and the Central Economic Work Conference has brought about strong policy expectations. At the same time, the raw material end continued to operate strongly, iron ore prices fluctuated at high levels, coking coal and coke prices rose, and steel prices continued to rise that week. In the short term, steel prices are expected to continue to fluctuate strongly.

New Center

More Posts

Say “NO” to foreign high-price monopolies! The core technology of the laser probe series has been independently controlled by domestic manufacturers!

Since 2010, Leimu Company has always adhered to the core concepts of technological innovation and precision manufacturing, committed to the independent research and development of metallurgical probes, and successfully launched a series of products including oxygen-determining probes, auxiliary gun probes, grenade-type probes and hydrogen-determining probes. A variety of high-quality probe products. With its profound accumulation

Send Us A Message

CONTACT US

Let's have a chat