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China Analyses

SteelOrbis provides the latest longs and billet prices and price trends via the longs and billet price reports and market analyses listed below. These longs and billet price reports are derived from actual longs and billet market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

 
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Ex-ASEAN wire rod prices stable as sustainability of improvement in China in doubt

Major steel and raw material futures prices in China – August 22, 2024 

Major steel and raw material futures prices in China – August 21, 2024 

Shagang Group cuts local rebar prices by $14/mt for late August

Ex-China billet prices bottom up after hitting $420/mt FOB, ex-ASEAN prices not competitive

H-beam prices in local Chinese market - week 34, 2024

Major steel and raw material futures prices in China – August 20, 2024 

Chinese domestic steel section prices continue sharp downtrend

Local Chinese longs prices down sharply, cautious expectations for rebound

Major steel and raw material futures prices in China – August 19, 2024 

Global View on Billet: China’s $20/mt collapse has ripple effect on international markets

Ex-China rebar prices down sharply after almost RMB 200/mt fall in futures this week

Ex-China wire rod prices down $20-25/mt this week, upsetting market mood

Major steel and raw material futures prices in China – August 16, 2024 

Import billet in SE Asia falls to $450/mt CFR, market awaits next movements

Major steel and raw material futures prices in China – August 15, 2024 

Continuous fall in Chinese market recalls 2015, billet prices hit unexpected low

Major steel and raw material futures prices in China – August 14, 2024 

H-beam prices in local Chinese market - week 33, 2024

Free fall in China results in further drop in ex-ASEAN billet prices

Major steel and raw material futures prices in China – August 13, 2024 

Chinese steel billet market fails to find bottom, prices approach psychological thresholds

Chinese domestic steel section prices soften

Local Chinese longs prices still falling for now, but output cuts more obvious

Major steel and raw material futures prices in China – August 12, 2024 

Shagang Group cuts local rebar prices by $10/mt for mid-August

Global View on Billet: Prices inevitably keep falling as China still has major impact

Ex-China rebar prices keep falling, depressing SE Asia’s import market

Major steel and raw material futures prices in China – August 9, 2024 

Asian wire rod prices drop below $500/mt CFR, Indonesia the most competitive

Major steel and raw material futures prices in China – August 8, 2024 

Major steel and raw material futures prices in China – August 7, 2024 

Ex-China billet prices supported by strong RMB, ASEAN mills try to raise export offers

Major steel and raw material futures prices in China – August 6, 2024 

H-beam prices in local Chinese market - week 32, 2024

Chinese domestic steel section prices soften slightly

Local Chinese longs prices down only slightly amid output cuts

Major steel and raw material futures prices in China – August 5, 2024 

Major steel and raw material futures prices in China – August 2, 2024 

Global View on Billet: Major markets hit bottom for the time being

Rebar prices in Asia fall to $500/mt CFR and below, triggering demand

Wire rod in Asia settles at new low with slight rebound in sales, trend likely to halt

Major steel and raw material futures prices in China – August 1, 2024 

Shagang Group cuts local rebar prices by $21/mt for early August

Major steel and raw material futures prices in China – July 31, 2024 

H-beam prices in local Chinese market - week 31, 2024

Major steel and raw material futures prices in China – July 30, 2024 

Major steel and raw material futures prices in China – July 29, 2024 

Local Chinese steel section prices fall further, by larger margins

Local Chinese longs prices down by up to $19/mt, rebound awaited


Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.