Jaway Stainless Steel

Monday Market Monitor - China - WEEK 29 - Continues to march north

Week 29 has been a weak appendage of previous week with the domestic levels acquiring maintaining an upward momentum albeit at a smoother gradient. Noticeably the prices have not corrected despite obvious reticence. The incipient strength in the market seems set to keep the levels afloat.

Near 1% improvement in long product prices has been led by across the region increase in construction activities led by rural and semi urban, urbanization.

The flat product market though playing second fiddle has kept flickering with demand from the construction sector. At the same time the core consumption segments of auto and white goods industry has been languishing after the withdrawal of tax rebates. It is widely expected that

Even though there was lack of abundant transactions the market kept chugging on at an even pace. Most of the major producers have increased the July prices signaling the despondency.

The Chinese Long Product Price Index CLPPI surged by 57 points last week whereas the Chinese Flat Products Index CFPPI has also gone up by 31 points. The overall price index CHISPI inclined by 42 points.

Class 15-Jul 22-Jul Change %
CLPPI 7572 7629 57 0.8%
CFPPI 7551 7582 31 0.4%
CHISPI 7560 7602 42 0.6%


CLPPI - Chinese Long Product Price Index
CFPPI - Chinese Flat Product Price Index
CHISPI - Chinese Steel Price Index

Long Products

Category 15-Jul 22-Jul Change %
PI-WRC 6292 6357 65 1.0%
PI-Rebar 9121 9168 47 0.5%


PI - Product Index

Flat Products

Category 15-Jul 22-Jul Change %
PI-PLTS 6876 6902 26 0.4%
PI-HR 7810 7844 34 0.4%
PI-CR 7288 7326 38 0.5%
PI-GP 7508 7518 10 0.1%


PI - Product Index

To know more about these indices please visit
http://steelprices-china.com/spi_services/spi.html

1. Long products

Billets
150*150
Q235

Location CNY USD
Fujian Province 30 5
Hebei Province 50 8
Jiangsu Province 0 0
Shandong Province 20 3
Shanxi Province 30 5
Tianjin 20 3


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

WRC
6.5mm
Common

Location CNY USD
Changsha 60 9
Chengdu 10 2
Guiyang 30 5
Hangzhou 100 15
Kunming 0 0
Nanjing 100 15
Shanghai 40 6
Urumchi 50 8
Zhengzhou 20 3


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

Rebars
20mm
HRB 400

Location CNY USD
Beijing 0 0
Changsha 80 12
Chengdu 30 5
Chongqing 0 0
Fuzhou -20 -3
Guangzhou -20 -3
Guiyang -20 -3
Hangzhou 40 6
Harbin 30 5
Hefei 10 2
Jinan 100 15
Kunming 0 0
Lanzhou 50 8
Nanchang 30 5
Nanjing 40 6
Shanghai 10 2
Shenyang 30 5
Shijiazhuang 0 0
Taiyuan 0 0
Tianjin 0 0
Urumchi 140 22
Wuhan 50 8
Xian 60 9
Zhengzhou 0 0


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

Angle
#5

Location CNY USD
Shanghai -30 -5
Hangzhou 0 0
Nanjing 0 0
Jinan 0 0
Hefei 20 3
Fuzhou 0 0
Nanchang 0 0
Guangzhou 0 0
Changsha -100 -15
Wuhan 0 0
Zhengzhou 0 0
Beijing 0 0
Tianjin 20 3
Shijiazhuang 0 0
Taiyuan 50 8
Shenyang 0 0
Harbin 0 0
Chongqing 0 0
Chengdu 0 0
Kunming 0 0
Xian 0 0
Lanzhou 0 0
Urumchi 100 15


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

Channel
#16

Location CNY USD
Shanghai 0 0
Hangzhou 0 0
Nanjing 0 0
Jinan 0 0
Hefei 20 3
Fuzhou 0 0
Nanchang 0 0
Guangzhou 0 0
Changsha -100 -15
Wuhan 0 0
Zhengzhou 0 0
Beijing 0 0
Tianjin 40 6
Shijiazhuang 0 0
Taiyuan 50 8
Shenyang 20 3
Harbin 10 2
Chongqing 0 0
Chengdu 0 0
Kunming 0 0
Xian 0 0
Lanzhou 0 0
Urumchi 0 0


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

Beam
#25

Location CNY USD
Shanghai 0 0
Hangzhou 0 0
Nanjing 0 0
Jinan 0 0
Hefei 20 3
Fuzhou 0 0
Nanchang 0 0
Guangzhou 0 0
Changsha 0 0
Wuhan 0 0
Zhengzhou 0 0
Beijing 0 0
Tianjin 0 0
Shijiazhuang 0 0
Taiyuan 0 0
Shenyang 0 0
Harbin 10 2
Chongqing 0 0
Chengdu 0 0
Kunming 0 0
Xian 0 0
Lanzhou 0 0
Urumchi 0 0


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

2. Flats products

HRC
4.75mm
Common

Location CNY USD
Beijing 50 8
Changsha 50 8
Chengdu 20 3
Chongqing 0 0
Fuzhou 50 8
Guangzhou 30 5
Hangzhou 20 3
Harbin 40 6
Hefei 30 5
Jinan 20 3
Kunming 0 0
Lanzhou 0 0
Nanchang 0 0
Nanjing 40 6
Shanghai 20 3
Shenyang 20 3
Shijiazhuang 0 0
Taiyuan 0 0
Tianjin 30 5
Urumchi 20 3
Wuhan 40 6
Xian 80 12
Zhengzhou 10 2


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

Plates
20mm
Common

Location CNY USD
Beijing -20 -3
Changsha 40 6
Chengdu 20 3
Chongqing 0 0
Fuzhou 0 0
Guangzhou -20 -3
Hangzhou 20 3
Harbin 0 0
Hefei 20 3
Jinan 30 5
Kunming 40 6
Lanzhou 50 8
Nanchang 0 0
Nanjing 30 5
Shanghai 10 2
Shenyang 40 6
Taiyuan 20 3
Tianjin 60 9
Urumchi 30 5
Wuhan 0 0
Xian 30 5
Zhengzhou 0 0


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

Pig Iron
Z18-22
Foundry

Location CNY USD
Kunming 0 0
Changzhou 0 0
Xuzhou 20 3
Linyi 0 0
Weihai 0 0
Wuan 30 5
Taiyuan 0 0
Yicheng 20 3
Linzhou 0 0
Guiyang 0 0
Harbin 0 0
Anshan 0 0


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

HR Strip
183*2.75

Location CNY USD
Shanghai 50 8
Hangzhou 10 2
Guangzhou 30 5
Wuhan 20 3
Tianjin -40 -6
Chengdu 10 2
Wuxi 20 3
Lecong 30 5
Tangshan 20 3


Change is on July 22nd as compared to 15th July 2011
Change is per tonne

CR
1.0mm
Common

Location CNY USD
Beijing 0 0
Changsha 30 5
Chengdu 20 3
Chongqing 0 0
Fuzhou 0 0
Guangzhou 50 8
Hangzhou 30 5
Harbin 20 3
Hefei 0 0
Jinan 50 8
Kunming 0 0
Lanzhou 50 8
Nanchang 20 3
Nanjing 30 5
Qingdao 50 8
Shanghai 30 5
Shenyang 0 0
Shijiazhuang 100 15
Taiyuan -50 -8
Tianjin 120 19
Urumchi 0 0
Wuhan 60 9
Xian 30 5
Zhengzhou 50 8


Change is on July 22nd as compared to 15th July 2011
Change is per tonne