SteelBenchmarker - Price History
SteelBenchmarker - Price History
SteelBenchmarker - Price History
USA China
Hot-rolled Band
Cold-rolled Coil
Standard Plate
Rebar
Steel Scrap
In its two hundred eighty third report, the SteelBenchmarkerTM released 10 steel products and
3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for January
22, 2018:
USA – $736 per metric tonne ($668 per net ton), FOB the mill – up $10 per tonne from $726
($658 nt) two weeks ago, up $324 from the recent low of $412 ($374 nt) on Dec. 14, 2015 and
up $307 from the low of $429 per tonne ($390 nt) on May 25, 2009. It is down $234 per
tonne from the recent high of $970 ($880/nt) on Mar. 28, 2011 and down $467 (38.8%) from
the record peak of $1,203 per tonne ($1,091 nt) on July 28, 2008.
China – $540 per metric tonne, ex-works – down $9 per tonne from $549 two weeks ago, up
$309 per tonne from the recent low of $231 on Dec. 14, 2015 and up $133 per tonne from the
low of $407 per tonne on Oct. 12, 2009. It is down $97 per tonne from the recent high of
$637 on Aug. 22, 2011 and down $193 (26.3%) from the record peak of $733 per tonne on
July 14, 2008.
Western Europe – $667 (€544) per metric tonne, ex-works – up $19 per tonne from $648
(€543) two weeks ago (up €1 on a Euro basis), up $321 (up €219) from the recent low of $346
(€325) on Nov. 23, 2015 and up $96 (up €163) from the low of $571 (€381) per tonne on Nov.
23, 2009. It is down $185 (€61) per tonne from the recent high of $852 (€605) on Mar. 28,
2011 and down $537 (44.6%) (€212) (28.0%) from the record peak of $1,204 (€756) per tonne
on July 14, 2008.
World Export Price – $586 per metric tonne, FOB the port of export – up $8 per tonne from
$578 two weeks ago, up $324 per tonne from the recent low of $272 on Feb. 8, 2016 and up
$90 to the low of $496 per tonne on Nov. 9, 2009. It is down $187 per tonne from the recent
high of $773 on Feb 14, 2011 and down $527 (47.3%) from the record peak of $1,113 per
tonne on July 28, 2008.
1
STEELBENCHMARKER PRICES
January 22, 2018
dollars per metric tonne
(net ton) [gross ton] {Euros}
NOTES:
Released January 24, 2018 at 9:00 a.m. to Price Assessment Providers.
The first price release was for April 10, 2006.
If a product is not listed or a price is not indicated, fewer than ten (10) price inputs were received at this
time. ** Development stage -- fewer than 20 assessment providers.
Prices are: USA -- FOB mill; Western Europe and China -- Ex-works; and World Export Market -- FOB
port of export. For USA steel scrap -- delivered to the steel plant. * For shredded scrap the region is
“for all but the West Coast” (CA, OR & WA).
***
SteelHome’s non-steelbenchmarker derived average price for each product is the determinant of the
Chinese ex-works benchmark price. It is published for comparative purposes.
For product specifications go to www.steelbenchmarker.com/specifications.
2
Dollars per metric tonne
100
200
300
400
500
600
700
800
900
1000
1100
1200
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07
ex-works
Jul-07
Oct-07
Western Europe
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
World Export
Jul-09
Oct-09
3
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
January 22, 2018
Apr-11
Jul-11
Oct-11
Jan-12
China
Apr-12
ex-works
Jul-12
Oct-12
Jan-13
Apr-13
USA
SteelBenchmarkerTM HRB Price
Jul-13
FOB mill
Oct-13
USA, China, Western Europe and World Export
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
(WSD's PriceTrack data, Jan. 2002 - March 2006; SteelBenchmarker data begins April 2006)
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
540
586
667
736
Dollars per metric tonne
200
300
400
500
600
700
800
900
1000
1100
1200
1300
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
ex-works
Jan-07
Apr-07
Western Europe
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
4
Jan-10
Apr-10
Jul-10
Oct-10
January 22, 2018
Jan-11
Apr-11
Jul-11
World Export
Oct-11
Jan-12
Apr-13
FOB mill
Jul-13 China
USA, China, Western Europe and World Export
Oct-13
Jan-14 ex-works
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
(WSD's PriceTrack data, Jan. 2002 - March 2006; SteelBenchmarker data begins April 2006)
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
630
633
911
Dollars per metric tonne
200
400
600
800
1000
1200
1400
1600
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
ex-works
Apr-04
Jul-04
Western Europe
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
World Export
Jan-07
Apr-07
5
Oct-09
Jan-10
Apr-10
USA
Jul-10
FOB mill
January 22, 2018
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
China
Apr-12
ex-works
Jul-12
Oct-12
Jan-13
SteelBenchmarkerTM Plate Price
Apr-13
USA, China, Western Europe and World Export
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
(WSD's PriceTrack data, Jan. 2002 - March 2006; SteelBenchmarker data begins April 2006)
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
538
840
Dollars per metric tonne
100
200
300
400
500
600
700
800
900
1000
1100
1200
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
World Export
Jul-05
Oct-05
ex-works
Apr-06
Jul-06
Western Europe
Oct-06
Jan-07
USA
Apr-07
Jul-07
FOB mill
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
6
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
January 22, 2018
Apr-11
Jul-11
Oct-11
China
Jan-12
Apr-12
ex-works
Jul-12
Oct-12
Jan-13
Apr-13
SteelBenchmarkerTM Rebar Price
Jul-13
USA, China, Western Europe and World Export
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
(WSD's PriceTrack data, Jan. 2002 - March 2006; SteelBenchmarker data begins April 2006)
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
530
Dollars per gross ton
0
100
200
300
400
500
600
700
800
900
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07
Jul-07
#1 Busheling
Oct-07
Shredded Scrap
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
7
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
January 22, 2018
Jan-11
Apr-11
Jul-11
USA, delivered to steel plant
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
SteelBenchmarkerTM Scrap Price
Jan-13
Apr-13
Jul-13 #1 Heavy Melting
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
(AMM scrap price data, Jan. 2002 - Jan. 2007; SteelBenchmarker data begins Feb. 2007)
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
310
345
385
USA
FOB mill*
Dollars per Net Ton
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
8
USA
FOB mill*
Dollars per Metric Tonne
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
9
USA
delivered to steel plant
Dollars per Gross Ton
--------------------------------Steel Scrap**--------------------------------
#1 Heavy Melting Shredded Scrap #1 Busheling
Dlr Pct Dlr Pct Dlr Pct
Price Chng Chng Price Chng Chng Price Chng Chng
10-Oct-16 177 -20 -10.2% 197 -19 -8.8% 202 -29 -12.7%
24-Oct-16 177 0 0.0% 197 0 0.0% 202 0 0.0%
14-Nov-16 202 25 14.1% 236 39 19.8% 241 39 19.3%
28-Nov-16 216 14 6.9% 256 20 8.5% 261 20 8.3%
12-Dec-16 246 30 13.9% 276 20 7.7% 280 19 7.3%
26-Dec-16 246 0 0.0% 276 0 0.0% 285 5 1.9%
9-Jan-17 285 39 15.9% 315 39 14.3% 325 40 14.0%
23-Jan-17 280 -5 -1.8% 300 -15 -4.8% 320 -5 -1.5%
13-Feb-17 256 -24 -8.6% 285 -15 -5.0% 315 -5 -1.6%
27-Feb-17 290 34 13.4% 300 15 5.2% 320 5 1.6%
13-Mar-17 285 -5 -1.8% 320 20 6.7% 364 44 13.8%
27-Mar-17 290 5 1.8% 315 -5 -1.6% 369 5 1.4%
10-Apr-17 271 -20 -6.8% 295 -20 -6.2% 354 -15 -4.0%
24-Apr-17 261 -10 -3.6% 290 -5 -1.7% 369 15 4.2%
8-May-17 271 10 3.7% 295 5 1.7% 369 0 0.0%
22-May-17 276 5 1.9% 290 -5 -1.7% 369 0 0.0%
12-Jun-17 266 -10 -3.7% 285 -5 -1.8% 364 -5 -1.4%
26-Jun-17 266 0 0.0% 285 0 0.0% 364 0 0.0%
10-Jul-17 266 0 0.0% 290 5 1.8% 369 5 1.4%
24-Jul-17 266 0 0.0% 280 -10 -3.5% 369 0 0.0%
14-Aug-17 280 14 5.4% 305 25 8.9% 384 15 4.1%
28-Aug-17 280 0 0.0% 305 0 0.0% 384 0 0.0%
11-Sep-17 280 0 0.0% 305 0 0.0% 384 0 0.0%
25-Sep-17 276 -4 -1.5% 300 -5 -1.6% 379 -5 -1.3%
9-Oct-17 250 -26 -9.3% 271 -29 -9.8% 348 -31 -8.1%
23-Oct-17 255 5 2.0% 275 4 1.6% 345 -3 -1.0%
13-Nov-17 255 0 0.0% 275 0 0.0% 345 0 0.0%
27-Nov-17 260 5 2.0% 280 5 1.8% 340 -5 -1.4%
11-Dec-17 290 30 11.5% 320 40 14.3% 370 30 8.8%
25-Dec-17 290 0 0.0% 330 10 3.1% 371 1 0.3%
8-Jan-18 310 20 6.9% 345 15 4.4% 385 14 3.8%
22-Jan-18 310 0 0.0% 345 0 0.0% 385 0 0.0%
12-Feb-18
26-Feb-18
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for Feb.12, 2007 for data go to steelbenchmarker.com/files/history2.pdf.
For product specifications refer to last page, or go to steelbenchmarker.com/specifications.
10
China
Ex-works
Dollars per Metric Tonne
Notes: SteelHome's non-steelbenchmarker derived average price for each product is the determinant of
the Chinese ex-works benchmark price. It is published for comparative purposes.
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
11
Western Europe
Ex-works
Dollars per Metric Tonne
Notes:
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for May 8, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
12
Western Europe
Ex-works
Euros per Metric Tonne
Notes:
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for May 8, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
13
World Export Price
FOB the Port of Export
Dollars per Metric Tonne
Notes:
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
14
Spot Market New Booking Prices for Near-Term Delivery
Commodity-grade product to mid-sized buyers
(Dollars per Metric Tonne, 500 to 2,000 tonnes transaction size)
15