Stainless Steel Pipe Fittings

Chinese domestic steel market for Wednesday

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The malaise in Chinese steel sector is deepening with every passing day and the price trends in first 7 days of 2015 outline that dark clouds are ahead for Chinese steel mills as well as global players
Despite government moves to improve liquidity and boost investments in infrastructure, domestic steel prices of various steel items in China continued the slide at several locations on Wednesday 
Incidentally, in line with physical market the most traded May rebar contract on the Shanghai Futures Exchange was also down 1.2 percent at CNY 2,581per tonne by 0330 GMT.
There have been media reports suggesting that the Chinese government will try to boost economic growth by accelerating the construction of 300 infrastructure projects this year with a total value of CNY 7 trillion (USD 1.13 trillion) but some analysts said even that might not be enough to boost the market. 
Billets

Location Price DoD WoW MoM QoQ YoY
Shanghai XXXX 0 -10 -210 -190 -760
Henan XXXX -10 -40 -270 -340 -840
Hebei XXXX 0 -30 -270 -420 -810
Shanxi XXXX -10 -10 -270 -360 -810
Liaoning XXXX -10 -30 -280 -370 -840
Yunnan XXXX 0 -20 -270 -340 -770


In CNY per tonne 
EXW inclusive of 17% VAT
Scrap

Location Price DoD WoW MoM QoQ YoY
Shanghai XXXX -20 -40 -160 -190 -580
Guangdong XXXX 0 0 -140 -180 -630
Guizhou XXXX 0 -60 -110 -160 -670
Beijing XXXX -30 -30 -30 -80 -420
Liaoning XXXX 0 -30 -30 -140 -510
Xinjiang XXXX 0 0 -30 -30 -610


In CNY per tonne 
EXW inclusive of 17% VAT
Rebar

Location Price DoD WoW MoM QoQ YoY
Beijing XXXX 0 -60 -220 -340 -930
Changchun XXXX -20 -20 -20 -130 -610
Guangzhou XXXX -20 -40 -220 -210 -920
Guiyang XXXX 0 60 -70 -90 -840
Shanghai XXXX 0 20 -60 -110 -570
Xian XXXX -10 -10 -180 -260 -890


In CNY per tonne 
EXW inclusive of 17% VAT
Wire Rods

Location Price DoD WoW MoM QoQ YoY
Beijing XXXX 0 -30 -230 -310 -640
Changchun XXXX -30 -30 -30 0 -550
Guangzhou XXXX -40 -50 -180 -130 -680
Guiyang XXXX 0 70 -90 -130 -750
Shanghai XXXX 0 -30 -350 -260 -690
Xian XXXX 0 0 -180 -170 -750


In CNY per tonne 
EXW inclusive of 17% VAT
Angles

Location Price DoD WoW MoM QoQ YoY
Beijing XXXX 0 -30 -240 -270 -610
Changchun XXXX 0 -50 -100 -180 -590
Guangzhou XXXX 0 0 -160 -230 -510
Guiyang XXXX 0 0 -20 0 -380
Shanghai XXXX -20 -40 -70 -170 -620
Xian XXXX 0 -30 -50 -200 -470


In CNY per tonne 
EXW inclusive of 17% VAT
Channel

Location Price DoD WoW MoM QoQ YoY
Beijing XXXX 0 -40 -300 -350 -830
Changchun XXXX 0 -50 -100 -180 -540
Guangzhou XXXX 0 0 -70 -140 -370
Guiyang XXXX 0 0 -20 0 -380
Shanghai XXXX -20 -50 -80 -150 -660
Xian XXXX 0 -30 -50 -100 -450


In CNY per tonne 
EXW inclusive of 17% VAT
Beam

Location Price DoD WoW MoM QoQ YoY
Beijing XXXX -20 -50 -360 -410 -890
Changchun XXXX 0 -50 -100 -180 -590
Guangzhou XXXX 0 0 -80 -120 -560
Guiyang XXXX 0 -20 -40 -20 -430
Shanghai XXXX -20 -60 -80 -150 -690
Xian XXXX 0 -30 -50 -50 -400


In CNY per tonne 
EXW inclusive of 17% VAT
Plates

Location Price DoD WoW MoM QoQ YoY
Beijing XXXX -20 -90 -230 -260 -750
Changchun XXXX -20 -100 -200 -380 -630
Guangzhou XXXX -10 -60 -50 -30 -500
Guiyang XXXX 0 0 -30 -160 -480
Shanghai XXXX -50 -70 -110 -70 -700
Xian XXXX 0 -70 -120 -240 -650


In CNY per tonne 
EXW inclusive of 17% VAT
HR

Location Price DoD WoW MoM QoQ YoY
Beijing XXXX 0 -10 -120 -80 -480
Changchun XXXX -30 -30 -10 -300 -370
Guangzhou XXXX 0 10 -60 -270 -580
Guiyang XXXX 0 0 -10 -80 -360
Shanghai XXXX -20 -50 -80 -20 -470
Xian XXXX 0 -10 -60 -150 -630


In CNY per tonne 
EXW inclusive of 17% VAT
CR

Location Price DoD WoW MoM QoQ YoY
Beijing XXXX 0 0 -100 -220 -650
Changchun XXXX 0 -30 -30 -260 -540
Guangzhou XXXX 0 0 -70 -90 -480
Guiyang XXXX 0 0 0 -20 -500
Shanghai XXXX -20 -20 -40 -160 -560
Xian XXXX 0 -40 -50 -220 -440


In CNY per tonne
EXW inclusive of 17% VAT
HDG

Location Price DoD WoW MoM QoQ YoY
Beijing XXXX 0 0 -40 -110 -180
Guangzhou XXXX -20 -70 -70 -170 -340
Harbin XXXX 0 -40 -150 -150 -300
Tianjin XXXX -100 -100 -180 -390 -640
Shanghai XXXX 0 -20 -40 -180 -520
Xian XXXX 0 -30 -40 -160 -290


In CNY per tonne

Zhejiang Yaang Pipe Industry Co., Limited

Article Categories:
Metals · Steel

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