China Steel Price 11 Nov 2021

Table of Contents

Affected by the fluctuation of international commodity prices, China’s domestic steel market price is volatile this year.

In May, it even reached RMB6550/ton.

But it finally came down recently.

Today’s price is RMB5300.

If you had got a quotation in October, you could now ask the suppliers to lower the price accordingly.

Please see below the records from 20th Oct to today:

Dates45# Steel price RMB/TML08AL Steel price RMB/T20# Steel price RMB/T
2021/11/10¥5,370¥5,420¥5,150
2021/11/9¥5,440¥5,520¥5,250
2021/11/8¥5,420¥5,540¥5,250
2021/11/5¥5,420¥5,540¥5,230
2021/11/4¥5,520¥5,590¥5,330
2021/11/3¥5,570¥5,610¥5,350
2021/11/2¥5,630¥5,640¥5,470
2021/11/1¥5,700¥5,700¥5,530
2021/10/29¥5,700¥5,740¥5,550
2021/10/28¥5,700¥5,740¥5,520
2021/10/27¥5,760¥5,800¥5,600
2021/10/26¥5,780¥5,870¥5,620
2021/10/25¥5,850¥5,880¥5,650
2021/10/22¥5,920¥5,870¥5,720
2021/10/21¥5,980¥5,920¥5,810
2021/10/20¥6,010¥5,980¥5,830

Explanations:

Grade 20# is for Hose ferrules (hot-forged type).
Grade 45# is for Hose couplings.
Grade ML08AL is for Hose couplings & ferrules (cold punched type)

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