You are here: Home > Steel News > Latest Steel News > CISA:...

CISA: China composite steel price index increases during October

Wednesday, 23 November 2016 10:01:42 (GMT+3)   |   Shanghai
       
According to the data released by the China Iron and Steel Association (CISA), as of the end of October (October 31) this year the composite steel price index (CSPI) for the Chinese domestic market was at 80.35 points, up 4.79 points or 6.34 percent month on month, while increasing by 20.91 points or 35.18 percent on year-on-year basis.

At the end of October, the CSPI long steel index was at 79.27 points, up 5.08 points or 6.85 percent month on month and increasing by 18.06 points or 29.50 percent year on year, while the CSPI flat steel index stood at 83.39 points, up 4.91 points or 6.26 percent month on month and increasing by 25.19 points or 43.28 percent year on year.

As of the end of October this year, among the eight main steel products monitored by the CISA, prices of high-speed wire rod, rebar, angles, medium plate, hot rolled coil (HRC), cold rolled sheet (CRS), seamless pipe and hot dip galvanized (HDG) increased by RMB 205/mt ($29.75/mt), RMB 191/mt ($27.72/mt), RMB 94/mt ($13.64/mt), RMB 167/mt ($24.23/mt), RMB 206/mt ($29.90/mt), RMB 252/mt ($36.57/mt), RMB 223/mt ($32.37/mt) and RMB 130/mt ($18.87/mt), all compared to price levels at the end of September of the current year.

Similar articles

China to remove export tax rebates on 146 steel products: HRC affected, not CRC and HDG 

28 Apr | Steel News

Japanese crude steel output up 2.7 percent in January

21 Feb | Steel News

Japanese crude steel output down 1.5 percent in September

27 Oct | Steel News

CISA: China composite steel price index decreases during June

25 Jul | Steel News

US steel imports rise 26.6 percent in January

27 Feb | Steel News

Algerian government confirms renationalization of ArcelorMittal Annaba

18 Sep | Steel News

Slowdown in Turkey’s steel exports continues in September

17 Sep | Steel News

ArcelorMittal Annaba workers to go on strike next week

05 Sep | Steel News

Gerdau’s Mario Longhi takes reins as VP and COO of US Steel

03 Jul | Steel News

Notable rebar, pipe, HRC, wire rod, HDG, CRC and plate shipments into the US, Feb 2 - 8

16 Feb | Steel Matters