Midday Report: Steel prices mainly rose, with coking coal futures climbing more than 5%.

Category: Industry News

Time:2025-09-16

On the 16th, direct transactions of Tangshan steel billets were generally steady, with spot prices at warehouses quoted at 3,120 yuan per ton, including tax and delivered to customers. Meanwhile, downstream finished-product prices saw a narrow-range increase, though trading activity remained moderate for now. It’s expected that steel billet ex-factory prices may rebound slightly in the afternoon, potentially even at lower levels. (Unit: yuan/ton)

　　◎ Steel Billets: On the 16th, direct transactions of Tangshan steel billets were generally steady. Warehouse spot prices stood at 3,120 yuan per ton, including tax and delivered to customers. Meanwhile, downstream finished-product prices saw slight increases, though trading activity remained moderate for now. It’s expected that steel billet ex-factory prices may rebound slightly in the afternoon, potentially even at lower levels. (Unit: Yuan/ton)

　　◎ Scrap Steel: On the 16th, Shanghai scrap steel prices rose by 30 RMB. Specific quotes are as follows: - Steel plate material ≥8mm: 2220–2280 RMB/ton - Steel plate material ≥6mm: 2180–2220 RMB/ton - Structural steel sections (angles, channels) ≥6mm: 2150–2210 RMB/ton - Structural steel sections (angles, channels) ≥4mm: 2120–2160 RMB/ton - Heavy scrap: 2060–2120 RMB/ton - Medium-grade shear-cut scrap: 1980–2020 RMB/ton - Small-scale shear-cut scrap: 1820–1880 RMB/ton - Light scrap: 1600–1660 RMB/ton - Mixed scrap: 1540–1580 RMB/ton - Oil-contaminated scrap: 1330–1370 RMB/ton, excluding tax.

　　◎ Pig Iron: On the 16th, national quotations for steelmaking pig iron were partially raised. Linfen: 2,760 yuan/ton; Wu'an: 2,680 yuan/ton; Tangshan: 2,690 yuan/ton; Laiwu: 2,720 yuan/ton; Linyi: 2,720 yuan/ton; Fujian: 2,670 yuan/ton; Inner Mongolia: 2,500 yuan/ton; Kunming: 2,380 yuan/ton; Xinjiang: 2,390 yuan/ton; Liaoyang: 2,690 yuan/ton; Hubei: 2,540 yuan/ton. (Unit: yuan/ton)

　　◎ Coking Coal: On the 16th, the spot market for coking coal at ports remained stable. Trading sentiment in the domestic market was moderate, with fluctuating and declining volumes of coal being transported by road to the two major ports. Meanwhile, total inventory levels at the two ports edged up slightly compared to the previous working day. Specifically, Rizhao Port held 44 units, while Qingdao Port saw an increase of 2 units, bringing its total to 80. Overall, port inventories across both locations stood at 124 units, down slightly from last week. Here are the current spot prices for various coking coal products at the ports: - Trade cash-for-delivery: - Semi-Grade 1 (wet quenched): ¥1,430 per ton - Semi-Grade 1 (dry quenched): ¥1,620 per ton - Grade 1 (wet quenched): ¥1,530 per ton - Coke Breeze: ¥1,200 per ton - Coke Powder: ¥1,000 per ton

Keywords: Midday Report: Steel prices mainly rose, with coking coal futures climbing more than 5%.

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