Professional Documents
Culture Documents
Steel Price History Aug 16
Steel Price History Aug 16
USA China
Hot-rolled Band
Cold-rolled Coil
Standard Plate
Rebar
Steel Scrap
In its two hundred forty seventh report, the SteelBenchmarkerTM released 10 steel products
and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for July
25, 2016:
USA – $687 per metric tonne ($624 per net ton), FOB the mill – down $6 per tonne from
$693 ($628 nt) two weeks ago, up $275 from the recent low of $412 ($374 nt) on Dec. 14,
2015 and up $258 from the low of $429 per tonne ($390 nt) on May 25, 2009. It is down
$283 per tonne from the recent high of $970 ($880/nt) on Mar. 28, 2011 and down $516
(42.9%) from the record peak of $1,203 per tonne ($1,091 nt) on July 28, 2008.
China – $323 per metric tonne, ex-works – up $3 per tonne from $320 two weeks ago, up $92
per tonne from the recent low of $231 on Dec. 14, 2015 and down $84 per tonne from the low
of $407 per tonne on Oct. 12, 2009. It is down $314 per tonne from the recent high of $637
on Aug. 22, 2011 and down $410 (55.9%) from the record peak of $733 per tonne on July 14,
2008.
Western Europe – $456 (€415e) per metric tonne, ex-works – down $3 per tonne from $459
(€415e) two weeks ago (flat on a Euro basis), up $110 (up €90) from the recent low of $346
(€325) on Nov. 23, 2015 and down $115 (up €34) from the low of $571 (€381) per tonne on
Nov. 23, 2009. It is down $396 (€190) per tonne from the recent high of $852 (€605) on Mar.
28, 2011 and down $748 (62.1%) (€341) (45.1%) from the record peak of $1,204 (€756) per
tonne on July 14, 2008.
World Export Price – $364 per metric tonne, FOB the port of export – down $1 from $365
two weeks ago, up $92 per tonne from the recent low of $272 on Feb. 8, 2016 and down $132
from the low of $496 per tonne on Nov. 9, 2009. It is down $409 per tonne from the recent
high of $773 on Feb 14, 2011 and down $749 (67.3%) from the record peak of $1,113 per
tonne on July 28, 2008.
1
STEELBENCHMARKER PRICES
July 25, 2016
dollars per metric tonne
(net ton) [gross ton] {Euros}
NOTES:
Released July 27, 2016 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
1000
1100
1200
100
200
300
400
500
600
700
800
900
Jan-01
Apr-01
Jul-01
Oct-01
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
ex-works
Apr-07
Jul-07
Oct-07 Western Europe
Jan-08
Apr-08
Jul-08
3
Oct-08
Jan-09
World Export
Apr-09
July 25, 2016
Jul-09
ex-works
Apr-12
USA, China, Western Europe and World Export
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
USA
Oct-13
FOB mill
Jan-14
Apr-14
(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
323
364
456
687
Dollars per metric tonne
200
300
400
500
600
700
800
900
1000
1100
1200
1300
Jan-01
Apr-01
Jul-01
Oct-01
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
4
Oct-08
Jan-09
Apr-09
July 25, 2016
Jul-09
Oct-09
Jan-10
USA
Apr-10
FOB mill
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
World Export
Oct-11
SteelBenchmarkerTM CRC Price
China
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
389
437
899
Dollars per metric tonne
200
400
600
800
1000
1200
1400
1600
Jan-01
Apr-01
Jul-01
Oct-01
Jan-02
Apr-02
Jul-02
Oct-02
ex-works
Jan-03
Apr-03
Western Europe
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
World Export
Jan-07
Apr-07
5
Jul-08
Oct-08
Jan-09
July 25, 2016
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
USA
Jul-10
FOB mill
Oct-10
Jan-11
Apr-11
Jul-11
SteelBenchmarkerTM Plate Price
Oct-11
China
Jan-12
USA, China, Western Europe and World Export
ex-works
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
316
708
Dollars per metric tonne
100
200
300
400
500
600
700
800
900
1000
1100
1200
Jan-01
Apr-01
Jul-01
Oct-01
Jan-02
Apr-02
Jul-02
Oct-02
ex-works
Jan-03
Apr-03
Western Europe
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
World Export
Jul-05
Oct-05
Apr-07
FOB mill
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
6
Oct-08
Jan-09
Apr-09
July 25, 2016
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
China
SteelBenchmarkerTM Rebar Price
Jan-12
ex-works
USA, China, Western Europe and World Export
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
295
Dollars per gross ton
0
100
200
300
400
500
600
700
800
900
Jan-01
Apr-01
Jul-01
Oct-01
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
Shredded Scrap
Oct-07
Jan-08
Apr-08
7
Jul-08
Oct-08
Jan-09
Apr-09
July 25, 2016
Jul-09
Oct-09
Jan-10
Apr-10
USA, delivered to steel plant
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
SteelBenchmarkerTM Scrap Price
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
#1 Heavy Melting
Jul-13
(AMM scrap price data, Jan. 2001 - Jan. 2007; SteelBenchmarker data begins Feb. 2007)
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
212
241
280
USA
FOB mill*
Dollars per Net Ton
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.
8
USA
FOB mill*
Dollars per Metric Tonne
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.
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
13-Apr-15 228 -2 -0.8% 254 3 1.0% 250 3 1.2%
27-Apr-15 227 -1 -0.5% 254 0 0.0% 248 -2 -0.8%
11-May-15 231 4 1.8% 259 5 2.0% 250 2 0.8%
25-May-15 229 -2 -0.9% 257 -2 -0.8% 250 0 0.2%
8-Jun-15 248 19 8.5% 278 21 8.1% 270 20 7.8%
22-Jun-15 245 -3 -1.2% 277 -1 -0.3% 273 3 1.1%
27-Jul-15 234 -11 -4.7% 260 -17 -6.1% 265 -8 -2.9%
10-Aug-15 212 -22 -9.4% 235 -25 -9.5% 243 -22 -8.5%
24-Aug-15 211 -1 -0.5% 232 -3 -1.4% 240 -3 -1.1%
14-Sep-15 201 -10 -4.7% 223 -9 -4.0% 233 -7 -2.9%
28-Sep-15 184 -17 -8.5% 206 -17 -7.5% 218 -15 -6.6%
12-Oct-15 151 -33 -17.9% 172 -34 -16.5% 184 -34 -15.5%
26-Oct-15 148 -3 -2.0% 172 0 0.0% 185 1 0.3%
9-Nov-15 140 -8 -5.4% 171 -1 -0.6% 165 -20 -10.6%
23-Nov-15 143 3 2.1% 167 -4 -2.3% 168 3 1.8%
14-Dec-15 146 3 2.1% 176 9 5.6% 167 -1 -0.4%
28-Dec-15 148 2 1.4% 175 -1 -0.8% 168 1 0.4%
11-Jan-16 154 6 4.1% 183 8 4.6% 180 12 7.4%
25-Jan-16 164 10 6.6% 187 4 2.2% 181 1 0.3%
8-Feb-16 162 -2 -1.3% 184 -3 -1.6% 184 3 1.7%
22-Feb-16 164 2 1.4% 187 3 1.6% 181 -3 -1.4%
14-Mar-16 175 11 6.5% 199 12 6.4% 190 9 4.7%
28-Mar-16 176 1 0.6% 198 -1 -0.5% 195 5 2.4%
11-Apr-16 220 44 24.9% 248 50 25.3% 243 48 24.9%
25-Apr-16 220 0 -0.1% 244 -4 -1.6% 241 -2 -0.6%
9-May-16 241 22 9.8% 270 26 10.6% 276 35 14.4%
23-May-16 243 2 0.6% 270 0 0.1% 279 3 1.0%
13-Jun-16 223 -20 -8.2% 249 -21 -7.7% 273 -6 -2.3%
27-Jun-16 216 -7 -3.1% 246 -3 -1.4% 276 3 1.1%
11-Jul-16 226 10 4.8% 236 -10 -4.1% 285 10 3.5%
25-Jul-16 212 -15 -6.5% 241 5 2.1% 280 -5 -1.9%
8-Aug-16
22-Aug-16
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
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.
11
Western Europe
Ex-works
Dollars per Metric Tonne
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.
12
Western Europe
Ex-works
Euros per Metric Tonne
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.
13
World Export Price
FOB the Port of Export
Dollars per Metric Tonne
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.
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)
15