Yesterday, Tangshan billet prices surged by 100 yuan, and today they rose another 100 yuan. Guoyi, Xinglong, and Changli Hongxing quoted ex‑factory prices of 3,090 yuan/ton, Rongxin at 3,100 yuan/ton, and Xinda’s agreed ex‑factory price also at 3,100 yuan/ton. At the weekend, billet prices jumped by 200 yuan—there’s not much to add; it’s gone up again, and again, and again!
2016-12-12
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[Shagang Building Materials Mid-Month] Increase 200 yuan】
Affected by environmental inspections and the shutdown of medium-frequency furnaces, rebar futures and billet prices hit new record highs, fueling strong bullish sentiment in the market, while steel mills have also been actively raising their prices. In early December, market prices rose sharply, with the overall increase ranging from 180 to 200 yuan per ton compared to late November.
Driven by rising costs, the shutdown of medium-frequency furnaces, low inventory levels, and strong black‑metal futures, market prices have surged sharply. Taking the Hangzhou rebar market as a benchmark, today’s mainstream quoted price for Shagang Grade III large‑diameter rebar stands at RMB 3,370–3,400 per ton, while the ex‑factory price for rebar in early December was RMB 3,300 per ton.
Currently, positive factors still dominate, and market expectations for the near term remain strong. It is reported that on December 12, Shagang will convene its 2017 contracted‑customer meeting, with the steel mill’s pricing policy remaining firm. , providing agents with greater confidence and support. Steel mills continue to implement substantial price hikes, raising prices by 200–250 yuan per ton.
Shagang Building Materials Raises Prices Again Mid-Month 150-200 Yuan /ton
On December 11, 2016, based on the “December 1, 2016 Price Policy for Early December” issued by Shagang, the company announced its price policy for certain products effective mid-December 2016:
1. High Line: Price Increase 200 yuan . Now The ex-factory price of F6.5mm HPB300 plain carbon high‑carbon wire rod is RMB 3,480 per ton.
2. Coiled rebar: Price Increase 200 yuan . Now The ex‑factory price for 8–10 mm HRB400 coiled rebar is RMB 3,520 per ton; the surcharge for 6 mm HRB400 coiled rebar is RMB 200 per ton, and the surcharge for seismic‑resistant coiled rebar is RMB 30 per ton.
3. Thread: Price Increase 150 yuan . Now The ex‑factory price for HRB400Φ16–25mm threaded rebar is RMB 3,450 per ton. A surcharge of RMB 160 per ton applies to Φ10mm, RMB 120 per ton to Φ12mm, and RMB 30 per ton to Φ14mm. For sizes Φ28–32mm, the surcharge is RMB 50 per ton; for Φ36 and Φ40mm, it is RMB 250 per ton. Earthquake‑resistant rebar carries an additional RMB 30 per ton. The ex‑factory price for HRB500Φ14–25mm threaded rebar is RMB 150 per ton higher than that of HRB400.
4. In the previous period, any unfinished plans for threaded steel and wire rod shall be deemed to have been fulfilled. 。
5. The interest subsidy has been adjusted to RMB 13 per ton per month.
All prices above are inclusive of tax, effective from Effective December 11, 2016.
[Zhongtian raises prices by RMB 370 per ton]
On December 11, Zhongtian Steel adjusted the ex‑factory prices of certain products, using the “December 1 Price Adjustment Notice for Selected Zhongtian Products” as the benchmark. The specific adjustments are as follows:
1. High Line Increase 250 yuan per ton , now The execution price for Φ8mm HPB300 high‑strength rebar is RMB 3,680 per ton.
2. Threaded steel bars Increase 150 yuan per ton , now The ex‑factory price for Φ16–25 mm HRB400 threaded steel is RMB 3,450 per ton.
3. Coiled rebar Increase 250 yuan per ton
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