Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

Home China Focus China Steel Intelligence

CSI: China’s scrap imports may tighten global steel margins

CSI: China’s scrap imports may tighten global steel margins (Dec. 7, 2020)

Sample files

In late November China began clearing away the existing framework for the import of ferrous scrap and replacing it with new standards which should allow freer imports from the start of 2021. At the same time, strong domestic demand and improving global steel sentiment have sent steel and raw materials prices surging. This will form a key framework for steel markets internationally in 2021, with impacts on both steelmaking costs and on trade flows.

Latest prices

+/-
Rebar in Coil / Shanghai FOT CNY/t 1.0%
HRC / China FOB USD/t 1.0%
Rebar / N Europe Ex-Works EUR/t 1.0%
HDG / N Europe Ex-Works EUR/t 0.0%
HRC / China FOT Warehouse CNY/t 1.0%
Quasi-First Grade Coke / fot Rizhao Port CNY/t -1.0%
Low sulphur coking coal / ex-works Anze CNY/t -3.0%
HRC / N Europe Ex-Works EUR/t 0.0%
More Ferrous prices

More Global Prices

+/-
Billet / Tangshan Ex-Works CNY/t -1.0%
KORE 65% Fe / Qingdao CFR USD/t 0.79%
High Speed Wire Rod / Shanghai FOT CNY/t 1.0%
Billet / Manila CFR USD/t -1.0%
HDG / China FOT CNY/t 0.0%
Rebar / China FOT Warehouse CNY/t 0.0%
CRC / N Europe Ex-Works EUR/t 0.0%
Wire Rod / Turkey FOB USD/t -1.0%
KORE 62% Fe / Qingdao CFR USD/t 1.14%
Lvliang Quasi-first coke CNY/t ex-works -3.0%
E40 Shredded Scrap / Pakistan / CFR USD/t -2.0%
Coking coal / Australia FOB / USD/t -0.33%
More Ferrous prices