Download as pdf or txt
Download as pdf or txt
You are on page 1of 16

Price History

Tables and Charts

USA China

Western Europe World Export

Hot-rolled Band

Cold-rolled Coil

Standard Plate

Rebar

Steel Scrap

Register at: www.steelbenchmarker.com


Chinese Price Lag Global Trend
Western Europe, USA and World Export up 2.9%, 1.4% and 1.4%. China down 1.6%.

SteelBenchmarkerTM Report #283

ENGLEWOOD CLIFFS, NJ – The bi-monthly SteelBenchmarkerTM Western European HRB


price increased 2.9% to $667 per tonne (on a Euro basis, it increased 0.2%) for the third
consecutive time. The United States HRB price for January 22nd increased 1.4% to $736 per
tonne for the sixth consecutive time. The World Export HRB price increased at $586 per
tonne after being unchanged in its previous reporting. The Chinese HRB price decreased 1.6%
to $540 per tonne for the second consecutive time.

In its two hundred eighty third report, the SteelBenchmarkerTM released 10 steel products and
3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for January
22, 2018:

USA – $736 per metric tonne ($668 per net ton), FOB the mill – up $10 per tonne from $726
($658 nt) two weeks ago, up $324 from the recent low of $412 ($374 nt) on Dec. 14, 2015 and
up $307 from the low of $429 per tonne ($390 nt) on May 25, 2009. It is down $234 per
tonne from the recent high of $970 ($880/nt) on Mar. 28, 2011 and down $467 (38.8%) from
the record peak of $1,203 per tonne ($1,091 nt) on July 28, 2008.

China – $540 per metric tonne, ex-works – down $9 per tonne from $549 two weeks ago, up
$309 per tonne from the recent low of $231 on Dec. 14, 2015 and up $133 per tonne from the
low of $407 per tonne on Oct. 12, 2009. It is down $97 per tonne from the recent high of
$637 on Aug. 22, 2011 and down $193 (26.3%) from the record peak of $733 per tonne on
July 14, 2008.

Western Europe – $667 (€544) per metric tonne, ex-works – up $19 per tonne from $648
(€543) two weeks ago (up €1 on a Euro basis), up $321 (up €219) from the recent low of $346
(€325) on Nov. 23, 2015 and up $96 (up €163) from the low of $571 (€381) per tonne on Nov.
23, 2009. It is down $185 (€61) per tonne from the recent high of $852 (€605) on Mar. 28,
2011 and down $537 (44.6%) (€212) (28.0%) from the record peak of $1,204 (€756) per tonne
on July 14, 2008.

World Export Price – $586 per metric tonne, FOB the port of export – up $8 per tonne from
$578 two weeks ago, up $324 per tonne from the recent low of $272 on Feb. 8, 2016 and up
$90 to the low of $496 per tonne on Nov. 9, 2009. It is down $187 per tonne from the recent
high of $773 on Feb 14, 2011 and down $527 (47.3%) from the record peak of $1,113 per
tonne on July 28, 2008.

1
STEELBENCHMARKER PRICES
January 22, 2018
dollars per metric tonne
(net ton) [gross ton] {Euros}

Region: USA, East of the Mississippi


Hot-rolled band: 736 (668)
Cold-rolled coil: 911 (826)
Standard plate: 840 (762)
#1 Heavy melting scrap: 305 [310]
Shredded scrap*: 339 [345]
#1 Busheling scrap: 379 [385]

Region: Mainland China***


Hot-rolled band: 540
Cold-rolled coil: 630
Rebar: 530
Standard plate: 538

Region: Western Europe


Hot-rolled band: 667 {544}

Region: World Export Market


Hot-rolled band: 586
Cold-rolled coil: 633

NOTES:
Released January 24, 2018 at 9:00 a.m. to Price Assessment Providers.
The first price release was for April 10, 2006.
If a product is not listed or a price is not indicated, fewer than ten (10) price inputs were received at this
time. ** Development stage -- fewer than 20 assessment providers.
Prices are: USA -- FOB mill; Western Europe and China -- Ex-works; and World Export Market -- FOB
port of export. For USA steel scrap -- delivered to the steel plant. * For shredded scrap the region is
“for all but the West Coast” (CA, OR & WA).
***
SteelHome’s non-steelbenchmarker derived average price for each product is the determinant of the
Chinese ex-works benchmark price. It is published for comparative purposes.
For product specifications go to www.steelbenchmarker.com/specifications.

2
Dollars per metric tonne

100
200
300
400
500
600
700
800
900
1000
1100
1200
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07

ex-works
Jul-07
Oct-07

Western Europe
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09

World Export
Jul-09
Oct-09

FOB port of export

3
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
January 22, 2018

Apr-11
Jul-11
Oct-11
Jan-12

China
Apr-12

ex-works
Jul-12
Oct-12
Jan-13
Apr-13
USA
SteelBenchmarkerTM HRB Price

Jul-13
FOB mill

Oct-13
USA, China, Western Europe and World Export

Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
(WSD's PriceTrack data, Jan. 2002 - March 2006; SteelBenchmarker data begins April 2006)

Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
540
586
667
736
Dollars per metric tonne

200
300
400
500
600
700
800
900
1000
1100
1200
1300
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06

ex-works
Jan-07
Apr-07

Western Europe
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09

4
Jan-10
Apr-10
Jul-10
Oct-10
January 22, 2018

Jan-11
Apr-11
Jul-11

World Export
Oct-11
Jan-12

FOB port of export


Apr-12
Jul-12
Oct-12
Jan-13
USA
SteelBenchmarkerTM CRC Price

Apr-13
FOB mill

Jul-13 China
USA, China, Western Europe and World Export

Oct-13
Jan-14 ex-works
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
(WSD's PriceTrack data, Jan. 2002 - March 2006; SteelBenchmarker data begins April 2006)

Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
630
633
911
Dollars per metric tonne

200
400
600
800
1000
1200
1400
1600
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04

ex-works
Apr-04
Jul-04

Western Europe
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06

World Export
Jan-07
Apr-07

FOB port of export


Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09

5
Oct-09
Jan-10
Apr-10
USA

Jul-10
FOB mill
January 22, 2018

Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12

China
Apr-12

ex-works
Jul-12
Oct-12
Jan-13
SteelBenchmarkerTM Plate Price

Apr-13
USA, China, Western Europe and World Export

Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
(WSD's PriceTrack data, Jan. 2002 - March 2006; SteelBenchmarker data begins April 2006)

Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
538
840
Dollars per metric tonne

100
200
300
400
500
600
700
800
900
1000
1100
1200
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05

World Export
Jul-05
Oct-05

FOB port of export


Jan-06

ex-works
Apr-06
Jul-06

Western Europe
Oct-06
Jan-07
USA

Apr-07
Jul-07
FOB mill

Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09

6
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
January 22, 2018

Apr-11
Jul-11
Oct-11

China
Jan-12
Apr-12

ex-works
Jul-12
Oct-12
Jan-13
Apr-13
SteelBenchmarkerTM Rebar Price

Jul-13
USA, China, Western Europe and World Export

Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
(WSD's PriceTrack data, Jan. 2002 - March 2006; SteelBenchmarker data begins April 2006)

Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
530
Dollars per gross ton

0
100
200
300
400
500
600
700
800
900
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07
Jul-07
#1 Busheling

Oct-07

Shredded Scrap
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09

7
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
January 22, 2018

Jan-11
Apr-11
Jul-11
USA, delivered to steel plant

Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
SteelBenchmarkerTM Scrap Price

Jan-13
Apr-13
Jul-13 #1 Heavy Melting
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
(AMM scrap price data, Jan. 2002 - Jan. 2007; SteelBenchmarker data begins Feb. 2007)

Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
310
345
385
USA
FOB mill*
Dollars per Net Ton

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
10-Oct-16 516 -14 -2.6% 705 - - 575 - - na - -
24-Oct-16 496 -21 -4.0% 686 -19 -2.6% 556 -20 -3.4% na - -
14-Nov-16 492 -4 -0.8% 696 9 1.4% 567 11 2.1% na - -
28-Nov-16 533 42 8.5% 728 32 4.6% 569 2 0.4% na - -
12-Dec-16 570 37 6.9% 772 44 6.1% 604 35 6.1% na - -
26-Dec-16 608 38 6.6% 788 16 2.0% 611 7 1.2% na - -
9-Jan-17 609 1 0.1% 788 0 0.0% 639 27 4.5% na - -
23-Jan-17 626 18 2.9% 817 29 3.7% 678 39 6.2% na - -
13-Feb-17 618 -9 -1.4% 801 -16 -2.0% 715 37 5.4% na - -
27-Feb-17 611 -7 -1.1% 806 5 0.6% 722 7 1.0% na - -
13-Mar-17 634 23 3.8% 819 13 1.6% 736 14 1.9% na - -
27-Mar-17 639 5 0.7% 817 -2 -0.2% 763 27 3.7% na - -
10-Apr-17 647 8 1.3% 826 8 1.0% 745 -18 -2.4% na - -
24-Apr-17 639 -8 -1.3% 811 -15 -1.8% 726 -19 -2.6% na - -
8-May-17 623 -16 -2.5% 797 -14 -1.7% 734 8 1.1% na - -
22-May-17 611 -12 -1.9% 795 -3 -0.3% 746 12 1.6% na - -
12-Jun-17 603 -8 -1.3% 777 -18 -2.3% 705 -41 -5.5% na - -
26-Jun-17 606 4 0.6% 785 9 1.1% 718 13 1.9% na - -
10-Jul-17 610 3 0.5% 782 -3 -0.4% 722 4 0.6% na - -
24-Jul-17 618 8 1.3% 801 19 2.4% 746 23 3.3% na - -
14-Aug-17 620 2 0.4% 786 -15 -1.8% 696 -50 -6.7% na - -
28-Aug-17 630 10 1.6% 795 8 1.1% 711 15 2.1% na - -
11-Sep-17 637 7 1.1% 798 4 0.5% 721 11 1.5% na - -
25-Sep-17 626 -11 -1.8% 797 -2 -0.2% 703 -18 -2.5% na - -
9-Oct-17 610 -16 -2.6% 781 -16 -2.0% 669 -34 -4.8% 584 - -
23-Oct-17 600 -10 -1.7% 765 -16 -2.1% 684 15 2.3% na - -
13-Nov-17 609 9 1.6% 774 9 1.2% 685 0 0.1% na - -
27-Nov-17 618 9 1.5% 770 -3 -0.4% 678 -7 -1.0% na - -
11-Dec-17 626 8 1.3% 807 37 4.8% 738 60 8.8% na - -
25-Dec-17 638 12 1.9% 817 10 1.2% 713 -24 -3.3% na - -
8-Jan-18 658 21 3.2% 822 5 0.6% 732 19 2.7% 601 - -
22-Jan-18 668 9 1.4% 826 4 0.5% 762 30 4.1% na - -
12-Feb-18
26-Feb-18

Notes: * Ex-works (the same as FOB mill)

Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.

For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

8
USA
FOB mill*
Dollars per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
10-Oct-16 569 -15 -2.6% 777 - - 634 - - na - -
24-Oct-16 546 -23 -4.0% 757 -20 -2.6% 612 -22 -3.4% na - -
14-Nov-16 542 -4 -0.8% 767 10 1.4% 625 13 2.1% na - -
28-Nov-16 588 46 8.5% 802 35 4.6% 628 3 0.4% na - -
12-Dec-16 629 41 6.9% 851 49 6.1% 666 38 6.1% na - -
26-Dec-16 670 41 6.6% 868 17 2.0% 674 8 1.2% na - -
9-Jan-17 671 1 0.1% 869 0 0.0% 704 30 4.5% na - -
23-Jan-17 690 19 2.9% 901 32 3.7% 747 43 6.2% na - -
13-Feb-17 681 -9 -1.4% 883 -18 -2.0% 788 41 5.4% na - -
27-Feb-17 673 -8 -1.1% 889 6 0.6% 796 8 1.0% na - -
13-Mar-17 699 26 3.8% 903 14 1.6% 811 15 1.9% na - -
27-Mar-17 704 5 0.7% 901 -2 -0.2% 841 30 3.7% na - -
10-Apr-17 713 9 1.3% 910 9 1.0% 821 -20 -2.4% na - -
24-Apr-17 704 -9 -1.3% 894 -16 -1.8% 800 -21 -2.6% na - -
8-May-17 686 -18 -2.5% 879 -15 -1.7% 809 9 1.1% na - -
22-May-17 673 -13 -1.9% 876 -3 -0.3% 822 13 1.6% na - -
12-Jun-17 665 -9 -1.3% 856 -20 -2.3% 777 -45 -5.5% na - -
26-Jun-17 669 4 0.6% 866 10 1.1% 792 14 1.9% na - -
10-Jul-17 672 4 0.5% 862 -4 -0.4% 796 5 0.6% na - -
24-Jul-17 681 9 1.3% 883 21 2.4% 822 26 3.3% na - -
14-Aug-17 683 2 0.4% 867 -16 -1.8% 767 -55 -6.7% na - -
28-Aug-17 694 11 1.6% 876 9 1.1% 783 16 2.1% na - -
11-Sep-17 702 8 1.1% 880 4 0.5% 795 12 1.5% na - -
25-Sep-17 690 -12 -1.8% 878 -2 -0.2% 775 -20 -2.5% na - -
9-Oct-17 672 -18 -2.6% 861 -17 -2.0% 738 -37 -4.8% 643 - -
23-Oct-17 661 -11 -1.7% 843 -18 -2.1% 754 17 2.3% na - -
13-Nov-17 671 10 1.6% 853 10 1.2% 755 0 0.1% na - -
27-Nov-17 682 10 1.5% 849 -4 -0.4% 747 -8 -1.0% na - -
11-Dec-17 690 9 1.3% 890 41 4.8% 813 66 8.8% na - -
25-Dec-17 703 13 1.9% 901 11 1.2% 786 -27 -3.3% na - -
8-Jan-18 726 23 3.2% 906 6 0.6% 807 21 2.7% 663 - -
22-Jan-18 736 10 1.4% 911 4 0.5% 840 33 4.1% na - -
12-Feb-18
26-Feb-18

Notes: * Ex-works (the same as FOB mill)

Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.

For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

9
USA
delivered to steel plant
Dollars per Gross Ton

--------------------------------Steel Scrap**--------------------------------
#1 Heavy Melting Shredded Scrap #1 Busheling
  Dlr   Pct   Dlr   Pct   Dlr   Pct
Price Chng Chng Price Chng Chng Price Chng Chng
10-Oct-16 177 -20 -10.2% 197 -19 -8.8% 202 -29 -12.7%
24-Oct-16 177 0 0.0% 197 0 0.0% 202 0 0.0%
14-Nov-16 202 25 14.1% 236 39 19.8% 241 39 19.3%
28-Nov-16 216 14 6.9% 256 20 8.5% 261 20 8.3%
12-Dec-16 246 30 13.9% 276 20 7.7% 280 19 7.3%
26-Dec-16 246 0 0.0% 276 0 0.0% 285 5 1.9%
9-Jan-17 285 39 15.9% 315 39 14.3% 325 40 14.0%
23-Jan-17 280 -5 -1.8% 300 -15 -4.8% 320 -5 -1.5%
13-Feb-17 256 -24 -8.6% 285 -15 -5.0% 315 -5 -1.6%
27-Feb-17 290 34 13.4% 300 15 5.2% 320 5 1.6%
13-Mar-17 285 -5 -1.8% 320 20 6.7% 364 44 13.8%
27-Mar-17 290 5 1.8% 315 -5 -1.6% 369 5 1.4%
10-Apr-17 271 -20 -6.8% 295 -20 -6.2% 354 -15 -4.0%
24-Apr-17 261 -10 -3.6% 290 -5 -1.7% 369 15 4.2%
8-May-17 271 10 3.7% 295 5 1.7% 369 0 0.0%
22-May-17 276 5 1.9% 290 -5 -1.7% 369 0 0.0%
12-Jun-17 266 -10 -3.7% 285 -5 -1.8% 364 -5 -1.4%
26-Jun-17 266 0 0.0% 285 0 0.0% 364 0 0.0%
10-Jul-17 266 0 0.0% 290 5 1.8% 369 5 1.4%
24-Jul-17 266 0 0.0% 280 -10 -3.5% 369 0 0.0%
14-Aug-17 280 14 5.4% 305 25 8.9% 384 15 4.1%
28-Aug-17 280 0 0.0% 305 0 0.0% 384 0 0.0%
11-Sep-17 280 0 0.0% 305 0 0.0% 384 0 0.0%
25-Sep-17 276 -4 -1.5% 300 -5 -1.6% 379 -5 -1.3%
9-Oct-17 250 -26 -9.3% 271 -29 -9.8% 348 -31 -8.1%
23-Oct-17 255 5 2.0% 275 4 1.6% 345 -3 -1.0%
13-Nov-17 255 0 0.0% 275 0 0.0% 345 0 0.0%
27-Nov-17 260 5 2.0% 280 5 1.8% 340 -5 -1.4%
11-Dec-17 290 30 11.5% 320 40 14.3% 370 30 8.8%
25-Dec-17 290 0 0.0% 330 10 3.1% 371 1 0.3%
8-Jan-18 310 20 6.9% 345 15 4.4% 385 14 3.8%
22-Jan-18 310 0 0.0% 345 0 0.0% 385 0 0.0%
12-Feb-18
26-Feb-18

Notes: ** Steel scrap delivered to steel plant


#1 heavy melting – demolition scrap that is at least ¼” thick. This grade does not include
the heavy “p & s” (plate and structural ) category that includes the very thick scrap items.
Shredded – largely old cars and some appliances – for all but the West Coast (CA, OR & WA).
#1 busheling – new sheet steel scrap.

Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for Feb.12, 2007 for data go to steelbenchmarker.com/files/history2.pdf.
For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

10
China
Ex-works
Dollars per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
10-Oct-16 352 4 1.1% 452 9 2.0% 335 4 1.2% 311 4 1.3%
24-Oct-16 361 9 2.6% 464 12 2.7% 345 10 3.0% 323 12 3.9%
14-Nov-16 415 54 15.0% 529 65 14.0% 397 52 15.1% 376 53 16.4%
28-Nov-16 434 19 4.6% 546 17 3.2% 413 16 4.0% 383 7 1.9%
12-Dec-16 453 19 4.4% 561 15 2.7% 427 14 3.4% 401 18 4.7%
26-Dec-16 459 6 1.3% 580 19 3.4% 439 12 2.8% 401 0 0.0%
9-Jan-17 453 -6 -1.3% 577 -3 -0.5% 428 -11 -2.5% 387 -14 -3.5%
23-Jan-17 463 10 2.2% 584 7 1.2% 435 7 1.6% 404 17 4.4%
13-Feb-17 467 4 0.9% 587 3 0.5% 442 7 1.6% 422 18 4.5%
27-Feb-17 474 7 1.5% 591 4 0.7% 464 22 5.0% 462 40 9.5%
13-Mar-17 455 -19 -4.0% 568 -23 -3.9% 454 -10 -2.2% 460 -2 -0.4%
27-Mar-17 429 -26 -5.7% 527 -41 -7.2% 444 -10 -2.2% 450 -10 -2.2%
10-Apr-17 404 -25 -5.8% 489 -38 -7.2% 427 -17 -3.8% 434 -16 -3.6%
24-Apr-17 371 -33 -8.2% 457 -32 -6.5% 397 -30 -7.0% 404 -30 -6.9%
8-May-17 379 8 2.2% 457 0 0.0% 397 0 0.0% 429 25 6.2%
22-May-17 396 17 4.5% 462 5 1.1% 407 10 2.5% 455 26 6.1%
12-Jun-17 404 8 2.0% 470 8 1.7% 408 1 0.2% 449 -6 -1.3%
26-Jun-17 423 19 4.7% 481 11 2.3% 415 7 1.7% 449 0 0.0%
10-Jul-17 449 26 6.1% 512 31 6.4% 436 21 5.1% 462 13 2.9%
24-Jul-17 468 19 4.2% 536 24 4.7% 455 19 4.4% 476 14 3.0%
14-Aug-17 516 48 10.3% 590 54 10.1% 498 43 9.5% 516 40 8.4%
28-Aug-17 525 9 1.7% 599 9 1.5% 505 7 1.4% 522 6 1.2%
11-Sep-17 551 26 5.0% 624 25 4.2% 536 31 6.1% 536 14 2.7%
25-Sep-17 517 -34 -6.2% 591 -33 -5.3% 514 -22 -4.1% 505 -31 -5.8%
9-Oct-17 533 16 3.1% 594 3 0.5% 525 11 2.1% 511 6 1.2%
23-Oct-17 533 0 0.0% 604 10 1.7% 531 6 1.1% 507 -4 -0.8%
13-Nov-17 528 -5 -0.9% 603 -1 -0.2% 525 -6 -1.1% 516 9 1.8%
27-Nov-17 533 5 0.9% 617 14 2.3% 531 6 1.1% 553 37 7.2%
11-Dec-17 556 23 4.3% 636 19 3.1% 551 20 3.8% 604 51 9.2%
25-Dec-17 558 2 0.4% 641 5 0.8% 551 0 0.0% 587 -17 -2.8%
8-Jan-18 549 -9 -1.6% 644 3 0.5% 545 -6 -1.1% 531 -56 -9.5%
22-Jan-18 540 -9 -1.6% 630 -14 -2.2% 538 -7 -1.3% 530 -1 -0.2%
12-Feb-18
26-Feb-18

Notes: SteelHome's non-steelbenchmarker derived average price for each product is the determinant of
the Chinese ex-works benchmark price. It is published for comparative purposes.

Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.

For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

11
Western Europe
Ex-works
Dollars per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
10-Oct-16 498 -2 -0.4% na - - na - - na - -
24-Oct-16 496 -2 -0.4% na - - na - - na - -
14-Nov-16 518 22 4.4% na - - na - - na - -
28-Nov-16 543 25 4.8% na - - na - - na - -
12-Dec-16 584 41 7.6% na - - na - - na - -
26-Dec-16 588 4 0.7% na - - na - - na - -
9-Jan-17 594 6 1.0% na - - na - - na - -
23-Jan-17 608 14 2.4% na - - na - - na - -
13-Feb-17 605 -3 -0.5% na - - na - - na - -
27-Feb-17 600 -5 -0.8% na - - na - - na - -
13-Mar-17 609 9 1.5% na - - na - - na - -
27-Mar-17 608 -1 -0.2% na - - na - - na - -
10-Apr-17 574 -34 -5.6% na - - na - - na - -
24-Apr-17 580 6 1.0% na - - na - - na - -
8-May-17 585 5 0.9% na - - na - - na - -
22-May-17 576 -9 -1.5% na - - na - - na - -
12-Jun-17 555 -21 -3.6% na - - na - - na - -
26-Jun-17 548 -7 -1.3% na - - na - - na - -
10-Jul-17 559 11 2.0% na - - na - - na - -
24-Jul-17 573 14 2.5% na - - na - - na - -
14-Aug-17 605 32 5.6% na - - na - - na - -
28-Aug-17 619 14 2.3% na - - na - - na - -
11-Sep-17 645 26 4.2% na - - na - - na - -
25-Sep-17 641 -4 -0.6% na - - na - - na - -
9-Oct-17 635 -6 -0.9% na - - na - - na - -
23-Oct-17 634 -1 -0.2% na - - na - - na - -
13-Nov-17 626 -8 -1.3% na - - na - - na - -
27-Nov-17 632 6 1.0% na - - na - - na - -
11-Dec-17 628 -4 -0.6% na - - na - - na - -
25-Dec-17 634 6 1.0% na - - na - - na - -
8-Jan-18 648 14 2.2% na - - na - - na - -
22-Jan-18 667 19 2.9% na - - na - - na - -
12-Feb-18
26-Feb-18

Notes:
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for May 8, 2006 for data go to steelbenchmarker.com/files/history2.pdf.

For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

12
Western Europe
Ex-works
Euros per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

Euro Euro   Pct Euro   Pct Euro   Pct Euro   Pct


($/Euro) Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
10-Oct-16 1.107 450 e 5 1.1% na - - na - - na - -
24-Oct-16 1.088 456 e 6 1.3% na - - na - - na - -
14-Nov-16 1.077 481 e 25 5.5% na - - na - - na - -
28-Nov-16 1.061 512 e 31 6.4% na - - na - - na - -
12-Dec-16 1.060 551 e 39 7.7% na - - na - - na - -
26-Dec-16 1.045 563 e 12 2.1% na - - na - - na - -
9-Jan-17 1.055 563 e 0 0.1% na - - na - - na - -
23-Jan-17 1.070 568 e 5 0.9% na - - na - - na - -
13-Feb-17 1.061 570 e 2 0.4% na - - na - - na - -
27-Feb-17 1.056 568 e -2 -0.4% na - - na - - na - -
13-Mar-17 1.065 572 e 4 0.6% na - - na - - na - -
27-Mar-17 1.084 561 e -11 -1.9% na - - na - - na - -
10-Apr-17 1.059 542 e -19 -3.4% na - - na - - na - -
24-Apr-17 1.078 538 e -4 -0.7% na - - na - - na - -
8-May-17 1.093 535 e -3 -0.5% na - - na - - na - -
22-May-17 1.114 517 e -18 -3.4% na - - na - - na - -
12-Jun-17 1.121 495 e -22 -4.2% na - - na - - na - -
26-Jun-17 1.125 487 e -8 -1.6% na - - na - - na - -
10-Jul-17 1.141 490 e 3 0.6% na - - na - - na - -
24-Jul-17 1.165 492 e 2 0.4% na - - na - - na - -
14-Aug-17 1.177 514 e 22 4.5% na - - na - - na - -
28-Aug-17 1.197 517 e 3 0.6% na - - na - - na - -
11-Sep-17 1.199 538 e 21 4.0% na - - na - - na - -
25-Sep-17 1.185 541 e 3 0.6% na - - na - - na - -
9-Oct-17 1.176 540 e -1 -0.2% na - - na - - na - -
23-Oct-17 1.176 539 e -1 -0.2% na - - na - - na - -
13-Nov-17 1.168 536 e -3 -0.6% na - - na - - na - -
27-Nov-17 1.190 531 e -5 -0.9% na - - na - - na - -
11-Dec-17 1.178 533 e 2 0.4% na - - na - - na - -
25-Dec-17 1.187 534 e 1 0.2% na - - na - - na - -
8-Jan-18 1.193 543 9 1.7% na - - na - - na - -
22-Jan-18 1.226 544 1 0.2% na - - na - - na - -
12-Feb-18
26-Feb-18

Notes:
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for May 8, 2006 for data go to steelbenchmarker.com/files/history2.pdf.

For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

13
World Export Price
FOB the Port of Export
Dollars per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
10-Oct-16 399 18 4.7% na - - na - - na - -
24-Oct-16 417 18 4.5% na - - na - - na - -
14-Nov-16 448 31 7.4% na - - na - - na - -
28-Nov-16 477 29 6.5% na - - na - - na - -
12-Dec-16 490 13 2.7% 627 - - na - - na - -
26-Dec-16 515 25 5.1% 621 -6 -1.0% na - - na - -
9-Jan-17 522 7 1.4% 636 15 2.4% na - - na - -
23-Jan-17 528 6 1.1% na - - na - - na - -
13-Feb-17 516 -12 -2.3% 604 - - na - - na - -
27-Feb-17 527 11 2.1% 607 3 0.5% na - - na - -
13-Mar-17 524 -3 -0.6% 610 3 0.5% na - - na - -
27-Mar-17 530 6 1.1% 618 8 1.3% na - - na - -
10-Apr-17 527 -3 -0.6% 608 -10 -1.6% na - - na - -
24-Apr-17 510 -17 -3.2% 607 -1 -0.2% na - - na - -
8-May-17 496 -14 -2.7% 608 1 0.2% na - - na - -
22-May-17 496 0 0.0% 601 -7 -1.2% na - - na - -
12-Jun-17 479 -17 -3.5% 581 -20 -3.3% na - - na - -
26-Jun-17 474 -5 -1.0% 558 -23 -4.0% na - - na - -
10-Jul-17 477 4 0.8% 566 8 1.4% na - - na - -
24-Jul-17 491 14 2.8% 595 29 5.1% na - - na - -
14-Aug-17 542 51 10.4% 642 47 7.9% na - - na - -
28-Aug-17 536 -6 -1.1% 643 1 0.2% na - - na - -
11-Sep-17 561 25 4.7% 642 -1 -0.2% na - - na - -
25-Sep-17 577 16 2.9% 643 1 0.2% na - - na - -
9-Oct-17 574 -3 -0.5% 634 -9 -1.4% na - - na - -
23-Oct-17 570 -4 -0.7% 634 0 0.0% na - - na - -
13-Nov-17 561 -9 -1.6% 621 -13 -2.1% na - - na - -
27-Nov-17 566 5 0.9% 621 0 0.0% na - - na - -
11-Dec-17 564 -2 -0.4% 627 6 1.0% na - - na - -
25-Dec-17 578 14 2.5% na - - na - - na - -
8-Jan-18 578 0 0.0% 628 - - na - - na - -
22-Jan-18 586 8 1.4% 633 5 0.8% na - - na - -
12-Feb-18
26-Feb-18

Notes:
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.

For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

14
Spot Market New Booking Prices for Near-Term Delivery
Commodity-grade product to mid-sized buyers
(Dollars per Metric Tonne, 500 to 2,000 tonnes transaction size)

USA Market Western Europe Market


East of the Mississippi Germany/France
FOB mill Ex-works

Hot-rolled band * Hot-rolled band *


(0.2" thick x 48-60" wide) (5mm thick x 1200-1500mm wide)
Cold-rolled coil * Cold-rolled coil *
(0.03" x 48-60" wide) (0.7mm x 1200-1500mm wide)
Rebar #5 * Rebar #5 *
(5/8" in diameter) (16mm in diameter)
Standard plate * Standard plate *
(1" x 96" x 240") (24mm x 2400mm x 6000mm)
Steel scrap **
#1 Heavy melting
Shredded - all but West Coast
#1 Busheling

Chinese Market World Export Market


Home Market Atlantic and Pacific Basin
Ex-works FOB port of export

Hot-rolled band * Hot-rolled band ***


(5mm thick x 1200-1500mm wide) (5mm thick x 1200-1500mm wide)
Cold-rolled coil * Cold-rolled coil ***
(0.7mm x 1200-1500mm wide) (0.7mm x 1200-1500mm wide)
Rebar #5 * Rebar #5 ***
(16mm in diameter) (16mm in diameter)
Standard plate * Standard plate ***
(24mm x 2400mm x 6000mm) (24mm x 2400mm x 6000mm)

Note: Near-term delivery is normally two to six weeks.


Hot-rolled band is the first product off the hot strip mill with: (1) a thickness of about 0.20 inch
(but no less than 0.10 inch or more than 0.50 inch); (2) a coil size of 10 to 20 tons;
(3) a width of 48 to 60 inches; and (4) a carbon component of 0.08% to 0.13%.
SteelHome's average price for each product is the determinant of the Chinese ex-works benchmark price.
It is published for comparative purposes.
* Ex-works (the same as FOB mill).
** Steel scrap delivered to steel plant on a near-term basis, normally from two days to a month.
#1 heavy melting – demolition scrap that is at least ¼” thick and surface dimension no larger than
60 by 24 inches. This grade does not includethe heavy “p & s” (plate and structural ) category that
includes the very thick scrap items.
Shredded – largely old cars and some appliances – for all but the West Coast (California, Oregon and Washington).
Shredded scrap is homogeneous iron and steel scrap magnetically separated, no. 1, no. 2 steel, miscellaneous
bailing and sheet scrap with an average weight from 50 to 70 pounds per square foot.
#1 busheling – new sheet steel scrap.
*** FOB port of export

15

You might also like