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March 24 Guangzhou steel market price quotes
The steel market has seen some fluctuations in prices across various specifications and grades. Here's a detailed overview of the current pricing for different steel products, including hot-rolled, cold-rolled, rebar, and structural steel, as reported today:
**Rebar (HRB335/HRB400):**
- **Φ12mm HRB335:** Ma Steel at 5,340 RMB/ton, Tang Steel at 5,340 RMB/ton.
- **Φ18–25mm HRB335:** Ma Steel at 5,160 RMB/ton, Don Steel at 5,140 RMB/ton, Pinggang at 5,210 RMB/ton, Jianlong at 5,070 RMB/ton.
- **Grade III Rebar (HRB400):** Masteel at 5,450 RMB/ton, Magang at 5,450 RMB/ton, and others ranging from 5,340 to 5,450 RMB/ton.
**Hot Rolled Coil (HRC):**
- **2.75mm*1250*C Q235:** Tong Steel at 5,550 RMB/ton, Bead Steel at 5,580 RMB/ton.
- **3.0mm*1250*C Q235:** Angang/Shangang at 5,550 RMB/ton.
- **4.75mm*1500*C Q235:** Tangsteel at 5,320 RMB/ton, Ben Steel at 5,320 RMB/ton.
- **5.75mm*1500*C Q235:** Tang Steel at 5,320 RMB/ton, Masteel at 5,550 RMB/ton.
**Steel Plates and Sections:**
- **Puzhong Plate 8–28mm Q235A:** Handan Steel at 6,410 RMB/ton, Shan Steel at 5,940 RMB/ton.
- **Low Alloy Plate Q345:** Handan Steel at 6,560 RMB/ton for 8mm, 6,310 RMB/ton for 10mm.
- **Boiler Plate 20g:** Xinyu at 6,800 RMB/ton, Liuzhou Steel at 6,700 RMB/ton.
- **I-beam & Channel Steel:** Sea Steel at 5,150 RMB/ton for 18#, Laiwu Steel at 5,200 RMB/ton for 25#.
- **Angle Steel:** 40*5mm at 5,500 RMB/ton, 50*50*5mm at 5,500 RMB/ton.
**Cold Rolled Coils and Sheets:**
- **Cold Rolled Coils 1.0–3.0mm SPCC/ST12:** Angang at 6,500 RMB/ton, Wuhan Iron and Steel at 6,430 RMB/ton.
- **Color Coils:** SGCC Baosteel at 8,400 RMB/ton, CGCC Shunpu at 7,880 RMB/ton.
**Seamless Pipes:**
- **Φ25*2.5 20#:** Wuxi at 7,600 RMB/ton, Xinyu at 6,850 RMB/ton.
- **Φ89*4.5 20#:** Guangxi at 6,750 RMB/ton, Angang at 6,750 RMB/ton.
Overall, most steel products have remained stable compared to yesterday, with only minor price adjustments observed. The market is currently reflecting a cautious outlook, with slight variations based on regional supply and demand dynamics. This report is based on data collected from multiple suppliers and should be used for reference purposes only.