Today Brief2026-09-16

China Steel Export Prices Flat: HRC at $542, Pre-Stressed Wire +0.8%

Price+0%→ Stable
Spot Index$509
SentimentBearish
RFQ Demand→ Stable
AI Generated
China Steel Price
Real-time Data

Daily Price Signal & Delta

China Hot Rolled Coil (HRC) holds flat at $542.02/t FOB. Rebar HRB400 and Wire Rod Q235 remain anchored at $553.94/t and $573.29/t. The only upward move: Pre-Stressed Wire (82B) ticks up $7.21/t (+0.8%) to $945.56/t FOB. No movement reported in Profile and Medium Plate today.

Landed Cost Implications

With FOB bases static, ocean freight and tariff bands now drive landed-cost variance. A $30/t freight swing equals a ~5.5% budget shift on HRC to US Gulf destinations.

ProductFOB VectorRecommended Action
Hot Rolled CoilFlat $542.02/tLock ocean rates early
Rebar / Wire RodFlat $554–573/tHold and monitor
Pre-Stressed Wire+$7.21/tHedge near-term needs

Use the Landed Cost Calculator to stress-test freight scenarios against each FOB baseline.

Procurement Strike Zone

Long-products buyers (Rebar, Wire Rod, Sections): Hold and Monitor. Prices show zero directional momentum; entering now only adds freight risk to an unchanged FOB base. Flat-goods buyers (HRC, Cold Roll, Mid-Plate): Strong Buy Window for HRC and Cold Roll—spot FOB rates sit at multi-month lows with no downside signal. Execute via RFQ Gateway. Industrial steel buyers (Pre-Stressed, Boiler Plate): Pre-Stressed Wire's +0.8% move warrants a partial forward-fill; Boiler Plate has no prior-day comparison, so wait for the next data release before committing.

Deep Dive
China Steel Weekly Report: Flat and Long Products Edge Lower Mid-September
Read Full Report

Key Prices (USD/ton)

2026-09-15
ProductSpot USDFOBVietnamPhilippinesThailandIndonesiaMalaysia
High Speed Wire Rod$561
¥3770
$573.29$601$605$603$608$606
Rebar$542
¥3640
$553.94$582$586$584$589$587
Spiral Rebar$597
¥4010
$609.03$637$641$639$644$642
Hot Rolled Coil$530
¥3560
$542.02$570$574$572$577$575
Cold Rolled Coil$591
¥3970
$603.07$631$635$633$638$636
Medium Plate$602
¥4040
$613.5$642$646$644$649$647
Angle Steel$523
¥3510
$534.58$563$567$565$570$568
Channel Steel$526
¥3530
$537.56$566$570$568$573$571
Spot = Shanghai spot CNY converted to USD, FOB = Shanghai port FOB price, Landed = landed cost at destination port (USD/ton)