January 16 Nanjing Steel Market Price Quotes
The steel market has seen some fluctuations in prices this month, with various products showing different trends compared to the previous week and last month. Below is a detailed summary of the latest price updates for different steel products:
For high carbon steel lines, the 6.5mm diameter Q235 grade from Xinggang is priced at 4,540 yuan/ton, remaining stable from last month but down by 70 yuan/ton from the previous week. Similarly, the 8/10mm Q235 from Haixin is also at 4,540 yuan/ton, with a slight decrease of 30 yuan/ton from the prior week. The 6.5mm Q235 from Sunlight remains at 4,540 yuan/ton, while Nangang’s 6.5mm Q235 has increased slightly to 4,580 yuan/ton, down 70 yuan/ton from the previous week.
Shagang’s 6.5mm Q335 line is priced at 4,600 yuan/ton, while its 8mm Q335 line is also at 4,600 yuan/ton, both showing a drop of 50 yuan/ton from the last week. Yong Steel’s 6.5mm Q335 line is at 4,580 yuan/ton, down 60 yuan/ton, and the 8mm version is also at 4,580 yuan/ton, down 60 yuan/ton. Ma Steel’s 6.5/8mm Q335 line is at 4,590 yuan/ton, with a decrease of 50 yuan/ton.
Rebars such as 10mm HRB335 from Sha Steel are at 4,580 yuan/ton, down 70 yuan/ton from the previous week, while the 12mm version is at 4,550 yuan/ton, down 50 yuan/ton. Yong Steel’s 10mm HRB335 is at 4,580 yuan/ton, down 100 yuan/ton, and the 12mm version is at 4,540 yuan/ton, down 80 yuan/ton. Ma Steel’s 16-25mm HRB335 is at 4,520 yuan/ton, down 80 yuan/ton, while South Steel’s 16-25mm HRB335 is at 4,500 yuan/ton, down 180 yuan/ton.
Grade III rebars like 18-25mm HRB400 from Masteel/Yonggang are at 4,700 yuan/ton, down 20 yuan/ton. Shagang’s 16mm HRB400 is at 4,720 yuan/ton, down 10 yuan/ton, while the 18-25mm version is at 4,700 yuan/ton, unchanged. Pinggang’s 18-25mm HRB400 is at 4,540 yuan/ton, down 60 yuan/ton.
Round bars like 10mm Q235 from Yonggang are at 4,670 yuan/ton, while 12mm and 14mm versions are at 4,660 and 4,650 yuan/ton respectively, all stable. Hot rolled coils like 2.75mm*1500*C Q235 from Handan Steel are at 4,950 yuan/ton, up 50 yuan/ton. Shagang’s 3.0mm*1500*C coil is at 4,850 yuan/ton, up 50 yuan/ton.
Cold rolled plates from Wugang show an increase, with 1.0mm DC01 at 5,650 yuan/ton, up 150 yuan/ton. Meigang’s cold rolled coil 1.0mm ST12 is at 5,600 yuan/ton, up 150 yuan/ton. Puzhong plates from Xinyu and Nangang also show mixed movements, with some sizes increasing by 150 yuan/ton.
Low alloy plates and boiler plates from Nangang remain stable, while container plates from Xinyu have seen increases of 100 yuan/ton. Seamless pipes and I-beams show some price drops, with I-beam 20#/b at 4,500 yuan/ton, down 250 yuan/ton from the previous week.
Overall, the steel market continues to be influenced by supply and demand dynamics, with some products seeing slight increases and others experiencing declines. These price changes reflect the ongoing volatility in the industry.
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