March 14 Nanjing Steel Market Price Quotes
The steel price list for the current month includes a variety of products such as high-line, rebar, round steel, hot rolled coils, cold rolled plates, and more. Prices have seen some fluctuations compared to last week and last month, reflecting market dynamics and supply-demand changes.
For instance, the price of Φ6.5mm high-line Q235 from Xingtai Steel is 5040 RMB/ton, which is slightly higher than the previous week. On the other hand, Haixin's Φ8/10mm Q235 is priced at 5030 RMB/ton, down by 10 RMB/ton from the previous week. Similarly, Sunshine's Φ6.5mm Q235 is also at 5030 RMB/ton, with a decrease of 10 RMB/ton. Nangang’s Φ6.5mm Q235 has dropped significantly by 70 RMB/ton, now at 5050 RMB/ton.
In the case of Φ6.5mm Q335 steel, Sha Steel is at 5100 RMB/ton, while Yong Steel is at 5050 RMB/ton, showing a drop of 50 RMB/ton. Ma Steel’s Φ6.5/8mm Q335 is priced at 5050 RMB/ton, down by 50 RMB/ton. For rebars, HRB335 Φ10mm from Sha Steel is at 4970 RMB/ton, a decrease of 100 RMB/ton from the previous week.
Rebars from Yong Steel show similar trends, with HRB335 Φ10mm at 4970 RMB/ton and HRB335 Φ12mm at 4920 RMB/ton, down by 100 RMB/ton. Grade III rebars, such as HRB400 Φ18-25mm from Ma Steel and Yong Steel, are at 5050 RMB/ton, with a reduction of 70 RMB/ton.
Round steel prices remain stable for several brands. For example, Φ10mm Q235 from Yong Steel is at 5090 RMB/ton, unchanged from the previous week. Hot rolled coils from various manufacturers like Handan Steel, Shagang, and Rizhao show minor variations, with some prices remaining steady and others experiencing slight decreases.
Cold rolled plates from Wuhan Steel and Masteel are currently priced between 6500 and 6550 RMB/ton, with no significant changes observed. Puzhong plates from Xinyu and Nangang show small price adjustments, with some increasing by up to 100 RMB/ton.
Low alloy plates and boiler plates from Nangang and Nan Steel remain relatively stable, while container plates show slight increases. Seamless tubes and I-beams also reflect similar trends, with some prices staying flat and others decreasing slightly.
Galvanized coils from WISCO and Benxi Steel are priced between 6550 and 6950 RMB/ton, with some showing modest declines. Overall, the steel market remains dynamic, with ongoing adjustments in pricing based on production levels, demand, and regional influences.
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