The market in the north has seen a correction, and the market in the south continues to rise. On January 6th, the rising prices of hot-rolled raw coils, high-speed wire rods, and secondary rebar prices have diverged in the north and south markets of China. Prices in the northern markets have been pulled back, while prices in the main markets in the south have continued to rise.
From the perspective of the prices of hot-rolled raw coils, the price drop in the Tianjin market was relatively large. The prices of 5.5mm hot-rolled raw coils produced by Shougang, Tangshan Steel and Baotou Steel went from yesterday's 3880 yuan/ton to today's 3800 yuan/year. Ton, down 80 yuan / ton. On the Beijing market, the prices of 5.5mm hot-rolled raw coils produced by Shougang, Tangshan Iron and Steel Group and Baotou Steel were down from RMB 3,900/tonne yesterday to RMB 3,850/tonne today, down RMB 50/tonne.
The prices of high-line and rebar fell less. In the Tianjin market, the price of Φ6.5mm high line from Shougang and Tangshan Iron and Steel fell from yesterday's 3680 yuan/ton to today's 3660 yuan/ton, and the price of 18-25mm secondary rebar produced by Shougang and Tangshan Iron & Steel from yesterday's 3700 Yuan/ton fell back to today's 3680 yuan/ton. In the Beijing market, the price of Φ6.5mm high line produced by Shougang and Tangshan Iron & Steel from yesterday's 3,680 yuan/ton to today's 3,670 yuan/ton, has been adjusted back to 10 yuan/ton; Shougang, Tangshan Steel produced 18-25mm secondary rebar The price fell from yesterday's 3680 yuan / ton to today's 3650 yuan / ton.
In the case of a reversal of the prices of hot coils, high lines and rebar in the northern markets, prices in the southern markets of Guangzhou, Wuhan and Changsha are still rising.
In terms of HRC, in the Guangzhou market, the price of the original 5.5mm hot-rolled coil of Anping produced rose by RMB 90/t from yesterday's 3910 yuan/ton to today's 4000 yuan/ton. In the Changsha market, the prices of 5.5mm hot-rolled raw coils produced by Hunan Handan Iron and Steel Co., Ltd. rose by RMB 20/t from RMB 4030/t yesterday to RMB 4,050/t today. Hot coil prices in the Shanghai and Wuhan markets were unchanged from yesterday's prices.
In terms of the prices of high-line and rebar, the Shanghai market is the biggest gainer. The price of high-line on the Shanghai market has risen by RMB 70/t from yesterday's price, and the price of secondary rebar has risen by RMB 50/t yesterday. The price of the Φ6.5mm high line produced by the JISCO rose from yesterday's 3640 yuan/ton to today's 3710 yuan/ton, and the price of Shanxi Haixin's 18-25mm secondary rebar rose from yesterday's 3570 yuan/ton. Today's 3620 yuan/ton. In the Guangzhou market, the price of the Φ6.5mm high line produced by Tangshan Iron & Steel rose from yesterday's 3,850 yuan/ton to today's 3,900 yuan/ton, and the price of 18-25mm secondary rebar produced by Guangzhou Iron & Steel from yesterday's 4060 yuan/ton. The ton has risen to today's 4110 yuan/ton. In the Wuhan market, the prices of the Φ6.5mm high line produced by Wuhan Iron and Steel and Hubei Iron & Steel rose from yesterday's 3800 yuan/ton to today's 3840 yuan/ton, and the prices of 18-25mm secondary rebar produced by Wuhan Iron and Steel and Hubei Steel were yesterday's. 3740 yuan / ton rose to today's 3770 yuan.
From the perspective of the prices of hot-rolled raw coils, the price drop in the Tianjin market was relatively large. The prices of 5.5mm hot-rolled raw coils produced by Shougang, Tangshan Steel and Baotou Steel went from yesterday's 3880 yuan/ton to today's 3800 yuan/year. Ton, down 80 yuan / ton. On the Beijing market, the prices of 5.5mm hot-rolled raw coils produced by Shougang, Tangshan Iron and Steel Group and Baotou Steel were down from RMB 3,900/tonne yesterday to RMB 3,850/tonne today, down RMB 50/tonne.
The prices of high-line and rebar fell less. In the Tianjin market, the price of Φ6.5mm high line from Shougang and Tangshan Iron and Steel fell from yesterday's 3680 yuan/ton to today's 3660 yuan/ton, and the price of 18-25mm secondary rebar produced by Shougang and Tangshan Iron & Steel from yesterday's 3700 Yuan/ton fell back to today's 3680 yuan/ton. In the Beijing market, the price of Φ6.5mm high line produced by Shougang and Tangshan Iron & Steel from yesterday's 3,680 yuan/ton to today's 3,670 yuan/ton, has been adjusted back to 10 yuan/ton; Shougang, Tangshan Steel produced 18-25mm secondary rebar The price fell from yesterday's 3680 yuan / ton to today's 3650 yuan / ton.
In the case of a reversal of the prices of hot coils, high lines and rebar in the northern markets, prices in the southern markets of Guangzhou, Wuhan and Changsha are still rising.
In terms of HRC, in the Guangzhou market, the price of the original 5.5mm hot-rolled coil of Anping produced rose by RMB 90/t from yesterday's 3910 yuan/ton to today's 4000 yuan/ton. In the Changsha market, the prices of 5.5mm hot-rolled raw coils produced by Hunan Handan Iron and Steel Co., Ltd. rose by RMB 20/t from RMB 4030/t yesterday to RMB 4,050/t today. Hot coil prices in the Shanghai and Wuhan markets were unchanged from yesterday's prices.
In terms of the prices of high-line and rebar, the Shanghai market is the biggest gainer. The price of high-line on the Shanghai market has risen by RMB 70/t from yesterday's price, and the price of secondary rebar has risen by RMB 50/t yesterday. The price of the Φ6.5mm high line produced by the JISCO rose from yesterday's 3640 yuan/ton to today's 3710 yuan/ton, and the price of Shanxi Haixin's 18-25mm secondary rebar rose from yesterday's 3570 yuan/ton. Today's 3620 yuan/ton. In the Guangzhou market, the price of the Φ6.5mm high line produced by Tangshan Iron & Steel rose from yesterday's 3,850 yuan/ton to today's 3,900 yuan/ton, and the price of 18-25mm secondary rebar produced by Guangzhou Iron & Steel from yesterday's 4060 yuan/ton. The ton has risen to today's 4110 yuan/ton. In the Wuhan market, the prices of the Φ6.5mm high line produced by Wuhan Iron and Steel and Hubei Iron & Steel rose from yesterday's 3800 yuan/ton to today's 3840 yuan/ton, and the prices of 18-25mm secondary rebar produced by Wuhan Iron and Steel and Hubei Steel were yesterday's. 3740 yuan / ton rose to today's 3770 yuan.
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