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Afternoon Report: Localized Steel Price Increase, Iron Ore Futures Drop Over 1%

Time:2025-09-11

Steel Billets: On the 11th, direct sales of Tangshan steel billets were average, with warehouse spot prices reported at 3050 yuan/ton including tax for delivery. Downstream finished product prices remained stable, overall transactions were weak, and it is expected that the ex-factory price of steel billets may remain weakly stable in the afternoon. (Unit: yuan/ton)

　　◎Steel Billets: On the 11th, Tangshan steel billet direct shipments had average transactions, with warehouse spot prices reported at 3050 yuan/ton including tax for delivery. Downstream finished product prices remained stable, overall transactions were weak, and it is expected that the ex-factory price of steel billets may remain weakly stable in the afternoon. (Unit: yuan/ton)

　　◎Scrap Steel: On the 11th, Shanghai scrap steel prices were stable. Specific quotes: steel plate scrap ≥8mm 2180-2240 yuan/ton, steel plate scrap ≥6mm 2140-2180 yuan/ton, channel steel scrap ≥6mm 2110-2170 yuan/ton, channel steel scrap ≥4mm 2080-2120 yuan/ton, heavy scrap 2020-2080 yuan/ton, medium scrap sheared material 1940-1980 yuan/ton, small scrap sheared material 1780-1840 yuan/ton, light scrap 1560-1620 yuan/ton, mixed scrap 1500-1540 yuan/ton, oil chips 1290-1330 yuan/ton excluding tax. (Unit: yuan/ton)

　　◎Pig Iron: On the 11th, national steelmaking pig iron prices remained stable. Prices: Linfen 2760 yuan/ton, Wuan 2680 yuan/ton, Tangshan 2640 yuan/ton, Laiwu 2680 yuan/ton, Linyi 2680 yuan/ton, Fujian 2650 yuan/ton, Inner Mongolia 2500 yuan/ton, Kunming 2360 yuan/ton, Xinjiang 2390 yuan/ton, Liaoyang 2640 yuan/ton, Hubei 2540 yuan/ton. (Unit: yuan/ton)

　　◎Coke: On the 11th, the port coke spot market remained stable. Domestic market spot transaction sentiment was average. The number of truck shipments to the two ports continued to rise, and the total inventory at the two ports slightly decreased compared to the previous working day. Rizhao Port 44 decreased by 1, Qingdao Port 79 decreased by 1, total inventory at the two ports 123 decreased by 4 compared to last week. Current port coke prices are as follows: Trade cash delivery: quasi-first grade (wet quenching) coke spot price 1420 yuan/ton, quasi-first grade (dry quenching) coke spot price 1580 yuan/ton, first grade (wet quenching) coke spot price 1520 yuan/ton, coke breeze spot price 1210 yuan/ton, coke powder spot price 1000 yuan/ton.

Keywords: Afternoon Report: Localized Steel Price Increase, Iron Ore Futures Drop Over 1%

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Afternoon Report: Localized Steel Price Increase, Iron Ore Futures Drop Over 1%

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