Steel Prices in China , 2017, 2016, 2015, Monthly, Chinese Dealer Prices

在中國鋼鐵價格

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MEPS - CHINESE DEALER STEEL PRICES - RMB/metric ton (incl VAT)

All tables are updated monthly.

Copyright 2017 by MEPS International Ltd.

Prices in the above table are for reference only. No data may be reproduced in any manner whatsoever without written permission from MEPS.


Note: MEPS’ published Chinese Dealer Prices provide a meaningful comparison between local steel selling figures in China and domestic mill prices in the rest of the world. These present the closest comparable figures to mill selling prices offered to major steel distributors/traders in western countries.
The Chinese selling mechanism for steel is quite different to that pertaining in most other parts of the world. The domestic steel distribution system in China can be broken down into two categories - supply to the major state owned utilities/corporations and supply to rest of the market.

The vast majority of steel supplied to the Chinese domestic and export markets passes through major distributors/dealers. First Tier Dealers, in China, sell to large manufacturing companies. They also supply Second Tier and Tertiary Dealers with material for subsequent resale, with or without further processing. Material is then subsequently sold into local markets through minor dealers. The supply chain can be extensive.

Agreements for steel supply to the major state - owned utilities/corporations, in China, are often based on a transfer pricing system at notional figures.

Products supplied to most customers are channelled, initially, through First Tier Dealers. These are major corporations which act as primary distributors and processors. They sell significant tonnages of steel products to large manufacturing companies and also a wide range of second tier traders. It is at this point that MEPS assesses the data to produce its CHINESE DEALER PRICES for steel products sold in the domestic market.

Ex-mill steel prices in China are also available in MEPS International Steel Review

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All price and market data is researched by MEPS staff and our local correspondents. The information in the tables, charts and commentaries have been calculated from respondents who we consider provide accurate intelligence on the relevant steel markets. We make our best endeavours to be assured that the information is correct and that our analysis is reliable.

Our predictions are based on a wide experience of steel consumption patterns. The econometric models we have constructed take into account raw material costs, macro-economic factors, past price trends and the dynamics of the market. However, steel prices can be influenced by a number of other factors. These include currency exchange rates, trade regulations including import safeguard measures, anti-dumping actions and other government interference in normal trade patterns. More than one third of all steel produced is sold outside the country of manufacture. Accordingly, changes in market conditions in one country can impact on pricing in other parts of the world. Consequently, these forecasts should be used only as a guide to future tendencies. MEPS (INTERNATIONAL) LTD cannot be made liable for any loss resulting from the use of these price forecasts however it may arise.
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