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COMMODITYSCOPE | DAILY MARKET BRIEF

Sector Overview·Physical Pillar

Steel Prices

Each series is one product, place and delivery basis. The midpoint is the validated market level in the published unit. A quoted range is kept.

All Steel Physical Price Series

CommodityScope steel assessments for the series listed below.

311 Series

Swipe sideways for basis and date. The unit is printed with each price.

Benchmark NameDelivery BasisLatest PriceAssessment Date
Billet Ex-stock Tangshan VAT-inclusive¥3030.00/mt9 Oct 2026
FOB Black Sea$480.00/mt9 Oct 2026
FOB China SAE1006$514.00/mt9 Oct 2026
FOB China SS400$489.00/mt9 Oct 2026
FOB China SAE1006-SS400 spread$25.00/mt9 Oct 2026
CFR Southeast Asia SAE1006$541.00/mt9 Oct 2026
DDP Houston$1060.00/st9 Oct 2026
CIF Antwerp€595.00/mt9 Oct 2026
EXW Indiana$1260.00/st9 Oct 2026
EXW Southern mill$1260.00/st9 Oct 2026
EXW Ruhr€745.00/mt9 Oct 2026
CPT Moscow₽47000.00/mt23 Sep 2026
DDP Houston$1200.00/st9 Oct 2026
CIF Antwerp€675.00/mt9 Oct 2026
EXW Ruhr€860.00/mt9 Oct 2026
EXW Indiana$1500.00/st9 Oct 2026
DAP Plate Delivered US Midwest$1500.00/st9 Oct 2026
DDP Houston$1300.00/st9 Oct 2026
FOB Turkey$620.00/mt9 Oct 2026
FOB China$499.00/mt9 Oct 2026
DDP Houston$935.00/st9 Oct 2026
EXW US Southeast$930.00/st13 Aug 2026
EXW Northwest Europe€665.00/mt13 Aug 2026
Rebar Ex-stock Beijing VAT-inclusive¥3060.00/mt9 Oct 2026
FOB Black Sea$507.50/mt8 Oct 2026
FOB$530.00/mt10 Sep 2026
FOB$620.00/mt9 Oct 2026
CFR Southeast Asia SS400$538.00/mt9 Oct 2026
CIF Southern Europe port€590.00/mt9 Oct 2026
CFR Turkish port$545.00/mt10 Sep 2026
DDP West Midlands UK£695.00/mt18 Sep 2026
EXW Ruhr MTD Avg€745.00/mt9 Oct 2026
EXW Italy€735.00/mt9 Oct 2026
EXW Italy MTD Avg€731.43/mt9 Oct 2026
EXW Ruhr€810.00/mt9 Oct 2026
European HRC Carbon-accounted steel premium (CASP)€65.00/mt9 Oct 2026
HRC Ex-stock Shanghai VAT-inclusive¥3280.00/mt9 Oct 2026
EXW$625.00/mt9 Oct 2026
DAP HRC Mexico domestic production delivered$1030.34/mt9 Oct 2026
DAP HRC Mexico domestic production deliveredMX$19010.00/mt9 Oct 2026
HRC India domestic ex-works Mumbai₹64500.00/mt9 Oct 2026
EXW taxes excludedR$3900.00/mt18 Sep 2026
FOB$622.50/mt10 Sep 2026
FOB Shanghai$554.00/mt2 Oct 2026
FOB Brazilian port$760.00/mt9 Sep 2026
FOB Black Sea$615.00/mt8 Oct 2026
CFR$570.00/mt2 Oct 2026
CIF Southern Europe port€675.00/mt10 Sep 2026
CFR Turkish port$660.00/mt10 Sep 2026
EXW Italy€845.00/mt23 Sep 2026
CRC Ex-stock Shanghai VAT-inclusive¥3670.00/mt2 Oct 2026
EXW$725.00/mt9 Oct 2026
DAP CRC Mexico domestic production delivered$1180.37/mt9 Oct 2026
DAP CRC Mexico domestic production deliveredMX$21778.00/mt9 Oct 2026
EXW taxes excludedR$4800.00/mt9 Oct 2026
FOB Shanghai$594.00/mt2 Oct 2026
DDP Houston$1380.00/st13 Aug 2026
EXW N.EU Wkly€830.00/mt2 Oct 2026
EXW Italy Wkly€835.00/mt16 Sep 2026
Turkey HDG Ex-Works Wkly$810.00/mt9 Oct 2026
EXW Indiana$1490.00/st9 Oct 2026
EXW Indiana$1510.00/st9 Oct 2026
EXW Indiana, incl. G90$1605.00/st9 Oct 2026
HDG Ex-stock Shanghai VAT-inclusive¥3950.00/mt2 Oct 2026
EXW taxes excludedR$5025.00/mt18 Sep 2026
FOB China$531.00/mt16 Sep 2026
CIF Southern Europe port€625.00/mt13 Aug 2026
CFR East Asia (Dangjin, South Korea port)$547.00/mt2 Oct 2026
CFR Southeast Asia (Ho Chi Minh City port)$547.00/mt2 Oct 2026
DDP Houston$1432.98/mt9 Oct 2026
Plate Ex-stock Shanghai VAT-inclusive¥3440.00/mt2 Oct 2026
EXW Italy Wkly€745.00/mt2 Oct 2026
EXW Ruhr Wkly€840.00/mt25 Sep 2026
CFR Southeast Asia$512.00/mt9 Oct 2026
EXW Northwest Europe, Carbon-accounted€695.00/mt13 Aug 2026
Rebar Europe Carbon-accounted steel premium (CASP)€30.00/mt13 Aug 2026
Rebar India domestic ex-works Raipur₹52800.00/mt9 Oct 2026
Rebar North America domestic production Ex-mill US Midwest$922.50/st13 Aug 2026
EXW Jiangsu VAT-inclusive¥3155.00/mt9 Oct 2026
CPT Moscow₽45080.00/mt8 Oct 2026
EXW Southeast BrazilR$3500.00/mt9 Oct 2026
DAP$810.29/mt9 Oct 2026
DAPMX$14950.00/mt9 Oct 2026
Index Rebar Mexico domestic130 index points9 Oct 2026
FOB$545.00/mt9 Oct 2026
FOB China$511.00/mt2 Oct 2026
FOB Latin America port$695.00/mt9 Sep 2026
FOB Turkish port$610.00/mt10 Sep 2026
Wire rod mesh quality North America domestic production Ex-mill US Midwest$1107.50/st18 Sep 2026
Wire Rod Ex-stock Shanghai VAT-inclusive¥3250.00/mt23 Sep 2026
European Industrial Fasteners Institute Wire Rod Change Index Europe613 index points10 Sep 2026
DAP Merchant bar Europe domestic production delivered€735.00/mt10 Sep 2026
CFR Southeast Asia$589.00/mt13 Aug 2026
DAP Medium sections Europe domestic production delivered€830.00/mt16 Sep 2026
DDP Europe Carbon-accounted€860.00/mt16 Sep 2026
Medium sections Europe, Carbon-accounted steel premium (CASP)€30.00/mt13 Aug 2026
FOB Turkish port$601.00/mt13 Aug 2026
CFR$2160.00/mt25 Sep 2026
CR304 Ex-warehouse Foshan VAT-inclusive¥14200.00/mt2 Oct 2026
EXW mill$3500.00/st9 Oct 2026
EXW mill$5560.00/st9 Oct 2026
Alloy surcharge 304 coil Europe domestic production€2206.50/mt10 Sep 2026
Alloy surcharge 316 coil Europe domestic production€4027.00/mt10 Sep 2026
Alloy surcharge 430 coil Europe domestic production€1081.50/mt10 Sep 2026
Alloy surcharge 304L bright bar Europe domestic production€3037.50/mt10 Sep 2026
Alloy surcharge 316L bright bar Europe domestic production€5176.50/mt10 Sep 2026
Alloy surcharge 420 bright bar Europe domestic production€1300.00/mt10 Sep 2026
Alloy surcharge 430F bright bar Europe domestic production€1656.00/mt10 Sep 2026
WeldPipe OCTG carbon steel ERW J55 4 1/2-8 5/8 inch North America domestic produ$1950.00/st1 Sep 2026
WeldPipe OCTG carbon steel ERW J55 4 1/2-8 5/8 inch North America imports EDDP G$1700.00/st13 Aug 2026
FOB China$462.00/mt9 Oct 2026
FOB$540.00/mt10 Sep 2026
CFR Southeast Asia$490.00/mt9 Oct 2026
FOB Latin America port$505.00/mt9 Sep 2026
CFR Turkish port$515.00/mt9 Oct 2026
FOB$470.00/mt13 Aug 2026
CFR Southeast Asia$495.00/mt8 Oct 2026
FOB Brazilian ports$575.00/mt9 Oct 2026
CIF Italy$585.00/mt9 Oct 2026
CFR North China$90.60/dmt12 Oct 2026
CFR North China$105.10/dmt12 Oct 2026
CFR North China$80.50/dmt12 Oct 2026
61/62% Fe Transitional Basis Spread$2.50/dmt12 Oct 2026
CFR China$90.60/dmt12 Oct 2026
CFR China$91.03/dmt12 Oct 2026
Spot lump premium assessment$0.2200/dmtu12 Oct 2026
Lump premium$0.2400/dmtu12 Oct 2026
Lump outright$107.00/dmt12 Oct 2026
IOPEX FOT North China¥677.00/wmt12 Oct 2026
IOPEX IPP North China ($/dmt)$92.62/dmt12 Oct 2026
IOPEX FOT North China rolling monthly avg.¥688.00/wmt12 Oct 2026
Pilbara Blend Fines FOT North China¥667.00/wmt12 Oct 2026
Newman High Grade Fines FOT North China¥670.00/wmt12 Oct 2026
Super Special Fines FOT North China¥515.00/wmt12 Oct 2026
Carajas (IOCJ) Fines FOT North China¥807.00/wmt12 Oct 2026
Newman Blend Lump FOT North China¥851.00/wmt12 Oct 2026
Newman Blend Lump Premium IPP North China ($/dmtu)$0.3200/dmtu12 Oct 2026
IOPEX FOT East China¥660.00/wmt12 Oct 2026
IOPEX IPP East China ($/dmt)$90.78/dmt12 Oct 2026
IOPEX FOT East China rolling monthly avg.¥670.00/wmt12 Oct 2026
Pilbara Blend Fines FOT East China¥649.00/wmt12 Oct 2026
Newman High Grade Fines FOT East China¥649.00/wmt12 Oct 2026
Super Special Fines FOT East China¥501.00/wmt12 Oct 2026
Carajas (IOCJ) Fines FOT East China¥804.00/wmt12 Oct 2026
Pilbara Blend Lump FOT East China¥836.00/wmt12 Oct 2026
Pilbara Blend Lump Premium IPP East China ($/dmtu)$0.3200/dmtu12 Oct 2026
IOPEX FOT Yangtze River Ports China¥690.00/wmt12 Oct 2026
IOPEX IPP Yangtze River Ports China ($/dmt)$94.46/dmt12 Oct 2026
Pilbara Blend Fines FOT Yangtze River Port China¥679.00/wmt12 Oct 2026
Newman High Grade Fines FOT Yangtze River Port China¥679.00/wmt12 Oct 2026
DDP Tangshan VAT-inclusive¥929.00/dmt12 Oct 2026
IODEX Carbon intensity premium$0.85/dmt12 Oct 2026
Carbon-accounted IODEX$91.45/dmt12 Oct 2026
Per 1% Fe$1.55/dmt12 Oct 2026
Per 1% Alumina$2.00/dmt12 Oct 2026
Per 1% Silica$1.05/dmt12 Oct 2026
Per 1% Fe$1.50/dmt12 Oct 2026
Per 1% Alumina$2.80/dmt12 Oct 2026
Per 1% Silica$2.60/dmt12 Oct 2026
CFR China 65% Fe spot assessment (61% Fe basis)$26.25/dmt12 Oct 2026
CFR China 63% Fe spot premium assessment$16.60/dmt12 Oct 2026
CFR China 63% Fe spot fixed price assessment$110.50/dmt12 Oct 2026
Atlantic Blast Furnace pellet premium (basis IODEX)$39.00/dmt12 Oct 2026
Atlantic Blast Furnace pellet premium (basis 65% Fe fines)$37.00/dmt12 Oct 2026
Direct Reduction 67.5% Fe pellet premium (basis IODEX)$65.00/dmt12 Oct 2026
Direct Reduction 67.5% Fe pellet premium (65% Fe basis)$58.00/dmt12 Oct 2026
FOB Brazil (¢/dmtu)187.56 ¢/dmtu12 Oct 2026
FOB Brazil (dmt)$126.60/dmt12 Oct 2026
CFR Middle East$118.90/dmt12 Oct 2026
Direct reduced iron Ex-works Raipur₹28500.00/mt12 Oct 2026
Direct reduced iron Ex-works Raipur$298.00/mt12 Oct 2026
Physical structure$-0.15/dmt12 Oct 2026
Per 1% Alumina$3.50/dmt8 Oct 2026
Per 1% Silica$4.50/dmt8 Oct 2026
CFR Qingdao$89.85/dmt12 Oct 2026
CFR Qingdao$95.40/dmt12 Oct 2026
CFR Qingdao$90.00/dmt12 Oct 2026
CFR Qingdao$89.80/dmt12 Oct 2026
CFR Qingdao$86.60/dmt12 Oct 2026
CFR Qingdao$-0.75/dmt12 Oct 2026
CFR Qingdao$1.45/dmt12 Oct 2026
CFR Qingdao$-0.45/dmt12 Oct 2026
CFR Qingdao$-0.35/dmt12 Oct 2026
CFR Qingdao$-3.30/dmt12 Oct 2026
CFR Qingdao$-0.75/dmt12 Oct 2026
CFR Qingdao$4.80/dmt12 Oct 2026
CFR Qingdao$-0.60/dmt12 Oct 2026
CFR Qingdao$-0.80/dmt12 Oct 2026
CFR Qingdao$-4.00/dmt12 Oct 2026
CFR Qingdao$0.25/dmt12 Oct 2026
CFR Qingdao$-0.55/dmt12 Oct 2026
CFR Qingdao$-1.75/dmt12 Oct 2026
CFR Qingdao$-0.40/dmt12 Oct 2026
CFR Qingdao$-1.25/dmt12 Oct 2026
Premium Low Vol$268.80/mt12 Oct 2026
Low Vol HCC$231.20/mt12 Oct 2026
Low Vol PCI$190.60/mt12 Oct 2026
Mid Vol PCI$187.60/mt12 Oct 2026
Semi Soft$161.50/mt12 Oct 2026
Premium Low Vol HCC (China Netback)$268.50/mt12 Oct 2026
Premium Mid Vol$297.00/mt12 Oct 2026
Mid Vol PCI$208.00/mt12 Oct 2026
Premium Low Vol net forward$293.35/mt12 Oct 2026
Low Vol HCC net forward$255.75/mt12 Oct 2026
Low Vol PCI net forward$215.15/mt12 Oct 2026
Mid Vol PCI net forward$212.15/mt12 Oct 2026
Semi Soft net forward$186.05/mt12 Oct 2026
FOB Australia$268.80/mt12 Oct 2026
Peak Downs$269.80/mt12 Oct 2026
Saraji$268.80/mt12 Oct 2026
Oaky North$267.80/mt12 Oct 2026
Illawarra$267.80/mt12 Oct 2026
Moranbah North$266.80/mt12 Oct 2026
Goonyella$267.80/mt12 Oct 2026
Caval Ridge$267.80/mt12 Oct 2026
Goonyella C$267.80/mt12 Oct 2026
Riverside$266.80/mt12 Oct 2026
GLV$258.80/mt12 Oct 2026
Physical structure M0/M1$4.00/mt12 Oct 2026
Physical structure M1/M2$4.00/mt12 Oct 2026
Australia-China$17.65/mt8 Oct 2026
Australia-Rotterdam$27.20/mt8 Oct 2026
Australia-China$22.00/mt8 Oct 2026
Australia-India$24.40/mt8 Oct 2026
USEC-India$51.75/mt8 Oct 2026
USEC-Rotterdam$20.75/mt8 Oct 2026
USEC-Brazil$21.75/mt8 Oct 2026
US Mobile-Rotterdam$25.50/mt8 Oct 2026
PCC Met Shanxi Premium Low Vol¥2340.00/mt12 Oct 2026
PCC Met Shanxi High Sulfur Premium Low Vol¥2190.00/mt12 Oct 2026
PCC Met North China Fat Coal¥2185.00/mt12 Oct 2026
PCC Met Shanxi PCI¥1500.00/mt12 Oct 2026
PCC Met Shandong Semi Soft¥1535.00/mt12 Oct 2026
PCC Met Rail Freight Shanxi - Tangshan¥200.00/mt12 Oct 2026
PCC Met Truck Freight Shanxi - Tangshan¥200.00/mt12 Oct 2026
Premium Low Vol¥2275.00/mt12 Oct 2026
Low Vol HCC¥1950.00/mt12 Oct 2026
Low Vol HCC$210.00/mt12 Oct 2026
High Vol A$185.00/mt12 Oct 2026
High Vol B$165.00/mt12 Oct 2026
CFR NWE$294.20/mt12 Oct 2026
DAP OA (plate & structural) - UK domestic, delivered£280.00/mt12 Oct 2026
DAP Shred - UK domestic, delivered£370.52/mt12 Oct 2026
CFR Turkey$402.00/mt12 Oct 2026
FOB Rotterdam$342.50/mt12 Oct 2026
CFR Turkey$385.00/mt12 Oct 2026
CFR Turkey$375.00/mt12 Oct 2026
FOB East Coast$384.75/mt12 Oct 2026
FOB East Coast$364.75/mt12 Oct 2026
DAP Shredded - delivered - N. Europe domestic, delivered$368.54/mt12 Oct 2026
DAP Shredded - delivered - S. Europe domestic, delivered$374.13/mt12 Oct 2026
CFR China$404.00/mt12 Oct 2026
CFR Taiwan$347.00/mt12 Oct 2026
CFR - East Asia import$394.00/mt12 Oct 2026
CFR India$406.50/mt12 Oct 2026
Shindachi New Cut - del Okayama - Tokyo Steel purchase (list) price$318.84/mt12 Oct 2026
Shindachi New Cut - del Utsunomiya - Tokyo Steel purchase (list) price$312.52/mt12 Oct 2026
Shredded del Midwest US$445.00/lt12 Oct 2026
#1 Busheling - N. America domestic, del Midwest US$485.00/lt12 Oct 2026
HMS 1/2 - N. America domestic, del Midwest US$385.00/lt12 Oct 2026
Plate & Structural - N. America domestic, del Midwest US$435.00/lt12 Oct 2026
Shredded del US South$445.00/lt12 Oct 2026
#1 Busheling - N. America domestic, del US South$475.00/lt12 Oct 2026
Plate & Structural - N. America domestic, del US South$425.00/lt12 Oct 2026
HMS 1/2 - N. America domestic, del US South$390.00/lt12 Oct 2026
HMS 1/2 - Brazil S.E. domestic, FOTR$800.00/mt12 Oct 2026
Clean Steel Scrap - Brazil S.E. domestic, FOTR$900.00/mt12 Oct 2026
Turnings - Brazil S.E. domestic, FOTR$700.00/mt12 Oct 2026
FOB$305.00/mt8 Oct 2026
FOB$330.00/mt8 Oct 2026
#1 Busheling Scrap - Mexico N.E. domestic, FOTMX$7200.00/mt12 Oct 2026
HMS 1 Scrap - Mexico N.E. domestic, FOTMX$6400.00/mt12 Oct 2026
FOB - Black sea export$335.00/mt12 Oct 2026
FOB Southeastern ports - Brazil export$450.00/mt12 Oct 2026
CIF New Orleans - US import$495.00/mt12 Oct 2026
HBI - Venezuela export$305.00/mt12 Oct 2026
HBI - Mediterranean import$405.00/mt12 Oct 2026
FOB Indonesia$132.00/mtu2 Oct 2026
Charge Chrome 48-52% in-warehouse US155.00 ¢/lb21 Sep 2026
65% High Carbon in-warehouse US185.00 ¢/lb18 Aug 2026
Low Carbon 0.05% in-warehouse US352.50 ¢/lb18 Aug 2026
Low Carbon 0.10% in-warehouse US285.00 ¢/lb4 Sep 2026
Low Carbon 0.15% in-warehouse US235.00 ¢/lb18 Aug 2026
DDP NWE130.50 ¢/lb12 Oct 2026
DDP NWE192.50 ¢/lb12 Oct 2026
DDP NWE265.00 ¢/lb12 Oct 2026
DDP NWE233.00 ¢/lb25 Sep 2026
CIF China94.50 ¢/lb12 Oct 2026
CIF China94.50 ¢/lb12 Oct 2026
CIF Japan104.00 ¢/lb25 Sep 2026
High Carbon 76% in-warehouse US1375.00 ¢/lb25 Sep 2026
DDP NWE€1172.50/mt12 Oct 2026
Medium Carbon 85% Mn in-warehouse US94.50 ¢/lb4 Sep 2026
MW US FeMo$39.25/lb12 Oct 2026
MW Europe 65% Ferromolybdenum$76.72/lb12 Oct 2026
FOB China$84.90/lb2 Oct 2026
CIF Asia$76.80/lb2 Oct 2026
75% Si in-warehouse US120.00 ¢/lb28 Aug 2026
CIF Japan$1280.00/mt2 Oct 2026
FOB China$1255.00/mt25 Sep 2026
Free Market V205$6.50/lb18 Aug 2026
US Ferrovanadium$14.53/lb21 Sep 2026
Europe Ferrovanadium$26.25/lb2 Oct 2026
FOB China$2570.00/mt12 Oct 2026
CIF Tianjin$4.8300/dmtu2 Oct 2026
CIF Tianjin$4.2500/dmtu2 Oct 2026
Iron Differential per 1% (\> 40% Mn Ore)$0.3000/dmtu2 Oct 2026
Silica Differential per 1% (\> 40% Mn Ore)$-0.0100/dmtu7 Oct 2026
MW Dealer Oxide$33.21/lb12 Oct 2026
65% Mn in-warehouse US66.00 ¢/lb21 Aug 2026
CIF Japan$985.00/mt12 Oct 2026